Reinsurance refers to a type of insurance that insurance companies can take out to cover the payments they make to clients when an insured has filed a claim. This form of liability for insurance companies is implemented as a means of financial protection. Like any other form of insurance payment, however, certain discrepancies, disagreements, contractual disputes, or challenges may arise, providing grounds for potential lawsuits. Reinsurance expert witnesses have backgrounds in various insurance operations and practices, which would be highly relevant in a reinsurance-related court case.
Reinsurance may be utilized for various types of insurance policies, such as property insurance, workers compensation, casualty insurance, health insurance, life insurance, homeowners insurance, automotive insurance, self-insurance, excess and surplus lines insurance, and other types of coverage. Since so many types of policies may be related to reinsurance, expert witnesses focusing in this area are knowledgeable with insurance industry custom and practice, including insurance company and broker relationships, agent and broker standards, general liability, premises liability, bad faith, insurance contracts, insurance disputes, insurance arbitration, risk management, statistics, probability, and other facets of insurance coverage.
Reinsurance expert witness may also be experienced with such financial areas as accounting, loans, mortgages, fiduciary liability, banking, public finance, and lost profits, in addition to other details involved with the field.
ForensisGroup has been a successful leader in the expert referral field for more than two decades, providing attorneys with only the most authoritative of experts. Submit An Expert Request Form or call us today retain a credible reinsurance expert witness for your case.