Audit, Accounting & Risk Management Services
Investing in claim auditing services is a proactive and cost-effective way for a carrier to positively impact its bottom line. Providing services on an international level, the Claims Auditing practice covers virtually all lines of Property & Casualty Insurance, including environmental, mass tort, products liability, auto, construction defect, workers’ compensation, health care, professional liability, and commercial property. Our auditors average over twenty-five years of experience, and many have held senior management positions at major Property & Casualty carriers. This experience gives us a complete understanding of the issues and problems that our clients are faced with.
Learn more about our services and how they can help your business.
An operational audit of an international client’s claim department resulted in a complete reorganization of staffing levels and procedures. Reserve reductions totaling over $25,000,000 were realized based on Alan Gray LLC’s file audit, and the open file inventory was reduced by 35%.
A client requested an audit of claims under a complex reinsurance contract involving a large hospital group and multiple years of medical malpractice coverage. The audit identified a significant claim with serious coverage issues under the client’s contract, resulting in savings of $1,000,000 for the client.
A global insurer requested a comprehensive audit and analysis of an insured’s claim files and related jobsites to develop a model for non-product asbestos allegations. The insured was a distributor/contractor but was billing all losses as asbestos products losses. The audit identified a significant percentage of the audited claims as non-products asbestos claims. The client was able to utilize this information to negotiate a favorable settlement with the insured that resulted savings of over $10 million.
Meet the team.
Managing Director
President
Managing Director
Founder & Executive Vice President
Managing Director
Senior Consultant
Director
Senior Investigator
Senior Auditor
Director