The global impact of the COVID-19 pandemic has and will continue to adversely impact communities and businesses of all sizes.
COVID-19 has placed the safety and financial security of employees and employers at risk, caused vulnerability in financial markets, and disrupted or shut down company operations across industries and geographies.
The first priority in preparing for and responding to a crisis of this nature should always be the safety and well-being of family members, friends, colleagues, employees, and other members of our communities.
Once these needs are met, business owners and risk managers will turn their focus to economic recovery, which includes the challenge of compiling and dealing with complex insurance claims related to losses sustained at their facilities, extra expenses incurred, and business interruption losses driven by the disruptive and overwhelming impact of COVID-19.
KPMG effectively serves businesses affected by devastating crises with a team of Forensic professionals that have vast experience in the management and support of property damage, extra expense, and business interruption insurance claims. This team is prepared to assist companies by helping them quantify the financial impact of the damage they have suffered and streamline their recovery of losses. Our team includes accountants, economists, attorneys, and industry professionals with years of frontline claims experience. We know how to achieve results in an ethical, efficient, and professional manner.
Helping companies in response to COVID-19
Thomas Heck who works in KPMG’s Forensic practice explains how sound loss management practices can significantly benefit organizations in recovering from the impact of COVID-19