Insurance Coverage and Allocation Consulting
Mass tort and product liability claims give rise to a number of issues for insurance companies, lawyers specializing in insurance law, and companies with insurance assets. NERA experts bring together the required disciplines -- including economics, statistics, epidemiological modeling, computer programming, accounting, and insurance modelling -- to address the complex insurance allocation and valuation problems that arise in these matters.
Experts in NERA's Mass Torts and Product Liability Practice have extensive experience in allocating the historical as well as projected liabilities to appropriate insurance policies and have developed computer programs to value insurance assets and forecast insurance recoveries quickly and efficiently.
Our experts use their expertise in valuation and forecasting to help companies set reserves and plan for the future, and to aid both companies and insurers with litigation. Successfully resolving litigation and achieving beneficial outcomes in settlements and mediations requires an understanding of the available coverage, the ability to value that coverage, and the expertise to forecast the expected insurance recoveries. We have written expert reports, offered economic testimony, and provided litigation consulting expertise for disputes involving mass tort and product liability claims and the insurance coverage for those claims.
