In January and June each year, staff associated with Thornton Tomasetti PLC attend the Loss Executives Association conference, a gathering of Insurance Property Claims professionals. Typically, they come from throughout the UK and North America and include insurers, loss adjusters and attorneys.
Following the effects of various outbreaks of extreme convective weather, the insurance and reinsurance industry faces a complete loss of $1.5 billion. Catastrophe risk modelling and analytics arms of insurance broker Aon Benfield, Impact Forecasting recapped recent events in its latest monthly catastrophe report and stated that April’s thunderstorms caused an economic loss of $2.3 billion, of which 65% is expected to be covered by the insurance and reinsurance market.
Thornton Tomasetti’s engineering and architecture professionals help insurance companies, loss adjusters and construction lawyers analyse pre- and post-loss risks, defects, damage and property claims arising from natural or man-made perils.
At the heart of our practice is the forensic investigation of damage to structures, which includes cause and origin analyses, engineering assessments for reinstatement and remedial works design.