OUR SERVICES

Legacy General Liability Claims & Litigation--Expertise

 

Resolution Dynamics works with your litigation team to set up a separate settlement track to expedite settlements with your carriers.  Once engaged, we recommend that the parties stay the litigation in order to pursue principal-to-principal settlement negotiations. 

 

Our experience shows that carriers and policyholders have a better chance of resolution if the parties are evaluating a well-developed claim presentation and settlement offer.  Your insurance carriers have a vested interest in settling with your Company for several reasons; litigation is unpredictable and does not preclude additional claims against them in the future.  Moreover, the sooner an insurer can remove asbestos or environmental liabilities from its balance sheet, the better its financial rating from insurance industry rating agencies.

 

We will assist your Company in developing a settlement strategy that meets your risk management needs, maximizes your insurance recovery and is attractive to your carriers.  Setting up a settlement track to allow settlement negotiations to proceed does achieve settlements with your carriers and saves hundreds of thousands of dollars in litigation costs. 

 

European Schemes of Arrangement 

 

Resolution Dynamics can maximize your Company’s recovery from the foreign insurance run-off market or Insolvent domestic carriers.  Our professionals can provide advisory and claim negotiation services to recover from Schemes of Arrangement or carriers in liquidation.

The London Market Insurers underwrote 20% to 30% your Company's Lloyd's of London policies and are pursuing court-approved Schemes of Arrangements. Under the Schemes, these London Insurers are seeking to prematurely commute their obligations, terminating any chance of recovery in the future. 

Resolution Dynamics performs a thorough investigation and analysis phase,  through to settlement which includes of the following steps:
 

  • Insurance Policy Archaeology

  • Investigation and Compilation of Claim Data

  • Claim Allocation according to various allocation theories 

  • Presentation and Document Production

  • Negotiations through to the Settlement Agreement

Insurance Policy Archeology 

 

Resolution Dynamics' professionals are experienced  insurance policy archeologists finding valuable insurance assets as part of a due diligence process or pending litigation.  Finding historical insurance policies to pay for legacy liabilities (asbestos, silica or toxic torts) may be vital to offset these unforeseen litigation costs. 

If your Company is responding to these legacy liabilities, we can assist in conducting an insurance policy archeology and making a claim for recovery from these newly discovered policies.  

We make a thorough  search or internal and external sources:
 

  • Review Internal Records (risk management, legal and accounting and corporate)
     

  • Relevant Third Party Records (Law offices, Broker, Vendors, Government Agencies)
     

  • Relevant Insurance Companies
     

  • Public Records

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Building & Construction

Claims--Resolved

 

Resolution Dynamics can maximize your Company’s recovery from building defect and construction claims.  Our professionals can provide advisory and claim negotiation services to recover from your insurance carrier for first-party property claims. 

Hidden defects in your attic or roof discovered after a serious storm or snowfall are costly repair costs that may be covered under your property and building coverage.   

Resolution Dynamics performs a thorough investigation and analysis phase,  through to settlement which includes of the following steps:

  • Review of Insurance Coverage and Communication with Insurer

  • Investigation of the Facts 

  • Recommendation for Expert Reports and Proof of Loss 

  • Probabilistic Decision Tree Analysis of Insurance Coverage Issues 

  • Settlement Targeting

  • Presentation to Insurer 

  • Negotiations through to the settlement 
     

We can help you recover the maximum amount available without resorting to costly time and effort of litigation. 

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