The loss of profit insurance is the one with most potential for future development. Within the insurance market, it has turned into a cross-cutting risk related to the majority of the own-damage insurances, and every day now we can find new insurance types which had previously never covered these financial losses.
Forensic Accounting
Management Team
Areas of action
The fields of intervention of the Forensic Accounting services are:
- Loss of profit following physical damage
- Loss of profit without physical damage
- Advanced loss of profit (ALOP) during erection
- Loss of profit due to damage during transport (Project cargo / DSU)
- Standstill periods due to aircraft fuselage damage
- Advanced loss of profit (ALOP) during construction
- Loss of profit due to cyber attacks
- Loss of profit related to crisis management (Terrorism and Product Withdrawal)
- Loss of profit due to own environmental damage
Team
References
News
Insurance/Adjusting Webinar – May 19th 3:00-4:00 PM BST
Don´t miss this session where we will analyse important matters such as: Claims issues which arise across South and Central America How those complexities influence the way underwriting and claims teams operate Implementing strategies to deal with their business interests in this region Let’s continue our 2021 CPD programmes on a positive note, with some…
New position of Sales & Marketing Director
We are pleased to announce that Cristina López Abellán has joined Abaco in the position of Sales & Marketing Director, a new role which has been created following the expansion of the Abaco Group of companies. Cristina holds a law degree and has more than 20 years of experience in a range of business development…
José Ignacio Ochoa new Director – Hulls and Terminals Spain
We are pleased to announce the appointment of José Ignacio Ochoa Matute as Director – Hulls and Terminals for the ABACO Group. Jose has almost two decades of experience in a variety of roles (Project Manager, Chief of Engineering, Manager-Steels, etc) in repair shipyards in both Spain and abroad (Astander, Unión Naval Barcelona and Unión…
Desamparados Ramirez Belda New Director of Abaco’s International Property Department
We are pleased to announce the appointment of Desamparados Ramirez Belda as Director of Abaco’s International Property Department, which focusses on the handling of a wide range of property damage claims. Desam is an Architect with a Masters in Concrete Engineering who began her career with a Spanish engineering consultancy with whom she acquired invaluable…
Jose Eduardo Moscardo New Director of Renewable Energies
We are pleased to announce the appointment of José Eduardo Moscardó Castelló as Director of the Renewable Energies Area, integrated in the ABACO’s Group Energy Division. He will be in charge of claims management, both for the Insurance Sector and for Companies, that comes up from all kind of power generation plants from renewable sources,…
Business Interruption training session for Mapfre México
During lockdown we were offered the opportunity to provide the claims team at Mapfre México with a seminar on the topic of Business Interruption. Over 55 people attended the session, which was delivered by Jesús Bueres, a leading specialist in this field, and by Juan Miguel Perez and Alvaro Serrano from Abaco Mexico. Despite the…
Abaco Consulting
ABACO International Loss Adjusters is pleased to announce the appointment of Guillermo Amengual as Manager of ABACO CONSULTING, offering a range of specialist risk management and insurance consultancy services, and technical services including risk inspections, PML/EML calculations, monitoring of works schedules, claims management and contract management. Guillermo studied Civil Engineering at the Polytechnic University of…
Opening of Abaco Brasil and Abaco Portugal
In November 2019, as part of our ongoing strategic expansion plan, ABACO International Loss Adjusters opened offices in Brasil and Portugal, adding to our growing global network of operations. The new Abaco Brazil office gives us a presence in the most important market in the Latin America region, whilst our new operation in Portugal will…
Covid 19: Support for UNICEF
ABACO INTERNATIONAL LOSS ADJUSTERS have an ongoing commitment to support the most vulnerable among us. With no solution to the Covid-19 pandemic on the horizon, there will undoubtedly be many challenges to overcome.
Covid 19 and Business Interruption
On 23 de April more than 150 Abaco adjusters participated in a video conference call during which we discussed the potential implications of Covid-19 on policies offering cover for BI /ALOP and Liability/D&O.
Covid 19 – Contingency Measures
At Abaco International Loss Adjusters, we continue our work to adjust and manage losses assigned to us by our clients. The contingency measures that we have put in place enable us to work securely and efficiently with colleagues and clients, and our advanced technology investment offers a wide range of remote working solutions. We employ…
Abaco Group’s contingency plan in respect of the CORONAVIRUS pandemic.
Last Thursday Abaco Group implemented its contingency plan, which has been adapted to reflect the current situation. At present, all of our staff are working remotely, and can be contacted as usual. Landlines have been diverted to mobile numbers. Our offices located outside Spain also continue to be fully operational, each location adapting to the…