Crawford Forensic Accounting Services (CFAS)

Crawford Forensic Accounting Services (CFAS)

Crawford's team of accountants combine their accounting knowledge with investigative skills in various litigation support and investigative accounting scenarios. The expertise of our forensic accountants can be leveraged in any type of loss that requires a quantification of damages or a determination of the value of the loss, including business interruption, accident benefits, extra expenses, and liability losses. 

From first notification of loss, they work seamlessly with our team of property and liability adjusters to provide immediate assistance in developing claims mitigation and settlement strategies. Determining the extent of the physical losses, and the ramifications this will have on the insured's business is key to providing insurers with accurate and timely information and in setting initial reserves, monitoring progress and controlling costs.

Services Include

  • Accident Benefits
  • Advanced loss of profits/delayed start-up      
  • Arbitration and litigation supports
  • Business interruption
  • Contingent business interruption
  • Financial liability
  • Fraud
  • Malicious product tampering and extortion
  • Mediation support
  • Product guarantee
  • Product liability
  • Product recall
  • Recovery actions
  • Stock

Benefits

  • Ability to work seamlessly with our full team of adjusters to provide immediate assistance in developing claims mitigation and settlement strategies
  • Outcome-driven focus on fast and effective resolution; reducing claims management and legal costs
  • Leverages the strength of Crawford's global footprint and organizational infrastructure
  • Unparalleled customer service experience

Simple Loss Calculator

Crawford Forensic Accounting Services has developed an online toolkit, including a Simple Loss Calculator and Reserve Estimator, which simplifies the business interruption calculation process. From the outset of the claim, our CFAS Toolkit will assist with generating a Document Request List, determining any trend needing to be applied, and our Simple Loss Calculator will calculate the loss. The Simple Loss Calculator guides users through a 5-step process outlining what information needs to be input into the appropriate fields, generating an accurate loss calculation. 

Advantages of our Simple Loss Calculator

  • Ability to generate a documentation request list for the claims
  • Quick and easily set reserves and generate a business interruption calculation
  • A detailed report with validated calculations
  • Access to supporting documentation to assist in the progression of the claim
  • Access to Crawford's Forensic Accountants by phone or e-mail for any questions

To access the Simple Loss Calculator and CFAS Toolkit, please follow the link:

https://cfas.global/canada/products-services/cfas-toolkit/

Contacts

To find out more about our services, please contact Stephen Dodd at: 

Tel: 416.957.5055
Email: Stephen.Dodd@crawco.ca