We’re a team of senior insurance and accounting experts, specialising solely in insurance recovery for companies in liquidation or administration.
We help insolvency practitioners in insurance claims recovery and premium returns — often succeeding where others have given up, or been advised to.
How we work
Insurance recovery for companies in administration and liquidation can be a complex business. It often involves negotiating with numerous intermediaries, insurance companies and advisors. We take all those complexities away, dealing with all the interested parties on your behalf.
- First, we’ll conduct an extensive review of all the documentation and circumstances surrounding your case. We understand the complex insurance wordings that determine whether companies in administration are due return premiums, and whether claims are payable. If we believe there are premium returns and/or claims recoveries due, we’ll advise you so, providing an early idea of the likely value of the recovery, and the timeframe to complete. If we feel there’s no potential for recovery, we’ll tell you, at no cost. We have a 100% record of success in recoveries following this initial review.
Once we’ve reviewed all the available contracts, documents and correspondence, we’ll negotiate with the insurance brokers, insurance companies, loss adjusters and appointed lawyers to secure the best possible recovery. We’ll prepare any additional documentation required to substantiate any claims, and send this on your behalf. Our depth of industry experience means we know most of the brokers and insurers well. We know the tactics insurers use to stall and reduce settlement offers and how to overcome them. We also have strong relationships with the regulators, and will call on them to mediate if necessary.
Once we’ve negotiated a satisfactory recovery with the insurer and/or their representative, we’ll ask for your authorisation to recover the funds. We’ll either collect the funds ourselves, and transfer them to you, or make sure they are paid directly, and swiftly, into your account.
How do we get paid?
First we’ll review your case, free of charge, and advise you of the options available.
Sometimes, of course, there is no contractual right to a recovery. If so, we’ll advise you immediately, saving you time and money. With our specialist knowledge of this field, we often find the potential for a settlement, even where others have given up.
If we think we can help, we’ll agree a fee. All our fees are contingent on our successful recovery of a settlement on your behalf. The fee is calculated as a percentage of the overall insurance recovery. That means we have the incentive to deliver the maximum recovery, while you risk nothing in hiring us.