Insurance Coverage Consulting for Long-Tail Liabilities
Many corporate policyholders are burdened by significant costs associated with defending and resolving long-tail liabilities and other emerging toxic torts. As a result, companies generally rely upon their historical general liability insurance to offset these costs. Insurers often dispute the applicability of coverage, the method by which liabilities are allocated to the coverage, and the validity of the costs incurred or forecasted.
Navigant brings clarity, objectivity, and an analytical approach to these situations. Our professionals provide policyholder clients with critical information, analyses, and the guidance to determine the appropriate strategy and achieve a favorable recovery. Our strong reputation has been built through successful recovery of over
$3 billion on behalf of more than 100 clients. Our experienced team delivers comprehensive services:
- Value future long-tail claims and exposures
- Conduct claim file audits
- Prepare and present claims
- Assemble/organize insurance policies
- Model insurance policy allocations
- Support settlement negotiations
- Recovery in solvent schemes of arrangement
- Provide expert witness testimony
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Risk Walling and Insurance Services for Complex Liabilities
Solutions in Complex Claims including Asbestos & Environmental Pollution
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Insurance Risk Services
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Insurance Allocation System
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We employ state-of-the-art technology tools and proven processes to efficiently analyze the allocation of liabilities under countless insurance allocation theories, providing clients with accurate answers to complex “what if?” questions. In addition, we regularly enhance our allocation model as insurance coverage law evolves and innovative theories are developed regarding scope, trigger, allocation method, occurrence and other coverage provisions. We have credible relationships and experience resolving claims with U.S. domestic, London Market and other foreign insurers related to major long-tail liabilities which have emerged over the last three decades, including:
- Asbestos and other toxic tort bodily injury liabilities
- Environmental property contamination
- Building products / construction defects
- Pharmaceutical products / medical devices
- Solvents and chemical exposures
- Medical monitoring claims
