LLM has worked on behalf of corporate policyholders and their counsel, as well as for insurers on similar but unrelated matters, at each step of the process–from analysis of liabilities and coverage through the claim resolution.
To learn more about LLM’s third-party liability insurance coverage services and the depth and breadth of our experience, follow the links below:
- Policy Review & OrganizationWhether comprised of hard-copy policies stored in filing cabinets or well-organized/electronic coverage programs with prior exhaustion, LLM helps clients make sense of their coverage in as much or as little detail as required. Click the link to read more.
- Insurance ArchaeologyLLM consultants have significant experience working with clients to identify historical coverage that cannot be physically located and to ascertain policy terms and provisions likely indicated in that coverage. Click the link to read more.
- Claim QuantificationLLM’s core competency is preparation of thorough, accurate, and credible claims for clients in a variety of insurance coverage contexts. Click the link to read more.
- Liability EstimationLLM combines its analytical and forecasting core competencies with its industry and market expertise to provide clients with a realistic view of their potential exposure under varying alternatives and assumptions. Click the link to read more.
- Insurance AllocationLLM works closely with our clients and counsel to define appropriate scenarios and then uses our tools to allocate claims to insurance coverage applying these alternate assumptions. Click the link to read more.
- Claim Submissions & NegotiationsLLM works closely with our clients and counsel to prepare, present, and negotiate claims in a variety of contexts. Click the link to read more.
- Cash Settlement ValuationLLM looks closely at the timing of expected future cash flows, prevailing interest rates, and credit risk to determine appropriate present value settlement ranges. Click the link to read more.
- Coverage-in-Place AgreementsLLM can incorporate the negotiated terms into existing client allocation and billing models so that, as bills are issued, the client can track the receivable, policy exhaustion, and accrued interest. Click the link to read more.
- Schemes, Insolvencies & Deadline SubmissionsLLM’s consultants have some of the most detailed experience in the industry in assisting policyholders with Schemes and POC filings. Click the link to read more.
- Insurer Notice & BillingLLM uses tools that allow us to provide notice to an entire insurance portfolio as easily as to a single insurer. Using these same tools, we can incorporate coverage specifics, liability details, and more into a single relational database. Click the link to read more.
- Insurance Litigation SupportLLM has several years of experience providing litigation support to policyholders and insurers in their efforts to reach a final and binding coverage resolution. Click the link to read more.
Our clients range from large multinational corporations and insurers to small family-owned partnerships, and our experience includes a variety of third-party claim types in a wide ranging number of industries:
Claim Types
- Asbestos Bodily Injury and Premises
- Environmental Remediation
- Single and Multiparty Toxic Tort
- Product Defect and Product Recall
- Pharmaceuticals
- Repetitive Stress
- Hearing Loss
- Workers Compensation
Industries
- Energy, Oil and Gas
- Heavy and Light Manufacturing
- Financial and Professional Services
- Electronics
- Pharmaceutical and Medical Products
- Building Products
- Waste Disposal
- Transportation
- Real Estate Development
We have helped companies and their domestic, London Market, and other foreign carriers resolve billions of dollars of insurance claims. Whether they are looking to secure coverage-in-place agreements, resolve claims against an insolvent estate or London Market Scheme of Arrangement, address claims as they arise, or reach a cash value settlement through a policy commutation or buy-back, our clients look to LLM’s knowledge and tools to help them achieve their overall business goals.