Dempsey Partners Introduces X-V Analysis® Methodology to Quantify and Communicate Complex Business Interruption and Supply Chain Exposures
Dempsey Partners, an independent professional services firm providing catastrophic insurance claim recovery assistance, valuation, and risk consulting services to corporate risk managers, introduces X-V Analysis®, a proprietary methodology designed to help clients accurately quantify and communicate complex business interruption and supply chain exposures to senior management and property insurance underwriters. The methodology, derived from over 30 years of hand-on global business interruption loss experience, provides objective, critical information to make more educated and value-driven insurance purchasing decisions.
New York, NY (PRWEB) May 6, 2009 -- Jill Dalton, leader of Dempsey Partners' risk consulting practice, today introduced X-V Analysis®, a proprietary methodology designed to help risk managers, brokers, and finance professionals quantify and communicate complex business interruption and supply chain exposures to senior management and property insurance underwriters.
 "X-V Analysis® is the culmination of many years of research and product development by our forensic accounting and supply chain teams," noted Dalton. "Risk managers consistently place business interruption at the top of their lists of concerns. Now, using X-V Analysis®, risk managers can construct property insurance programs with confidence that key business interruption and supply chain risks have been identified, thoroughly analyzed, and accurately quantified. X-V Analysis® provides the objective, critical information risk managers need to make more educated, insurance purchasing decisions. It can create enormous value for partners and stakeholders." www.dempsey-partners.com/xv.html
An essential component of the methodology is Dempsey Partners' unparalleled experience with the quantification and resolution of catastrophic business interruption losses. "After the tragic events of 9/11 and the ensuing upheaval in the insurance marketplace, we realized that existing methodologies were woefully insufficient, yet important decisions were made based on these often inaccurate values," remarked John Dempsey, the firm's Managing Partner. "We decided to create a new, uniform methodology to bring consistency and reliability to the exposure value quantification process."
According to Dalton, X-V Analysis® provides qualitative and quantitative benefits. "Having a better understanding of business interruption and supply chain risks is valuable in itself," she said. "Risk managers who identify and accurately quantify business interruption and contingent business interruption exposures can improve program structure and pricing. Clients who used X-V Analysis® have realized premium savings, successfully attracted new markets and capacity, used capital more efficiently, reduced cat model surcharges, and even saved frictional costs because it takes less time to gather annual values."
X-V Analysis® combines business model, supply chain, and process flow analysis, a detailed financial review including the application of loss accounting principles, evaluation of business continuity plans and mitigation strategies, and an accurate quantification of exposure to business interruption loss. Findings are summarized in written reports and materials suitable for presentation to senior management and underwriters. Dempsey Partners works closely with risk managers, brokers, finance professionals, and supply chain executives to ensure accuracy and transparency. Findings are often communicated directly to property underwriters, who have embraced the analysis and the meaningful information it provides.
Dempsey Partners has performed X-V Analysis® assignments in the pharmaceutical, technology, financial services, airline, communications, manufacturing, and services industries. The methodology can be used to quantify loss exposures for any business, process, or supply chain segment, arising from any peril, whether or not insurable.
To learn more about the X-V Analysis® process, including time requirements and pricing, contact Jill Dalton at jilldalton (at) dempsey-partners (dot) com.
About Dempsey Partners:
Dempsey Partners supports the global risk management community with professional forensic accounting, consulting, claims, and insurance-related valuation services. Based in Wilton, CT, the company serves its Fortune 500 clientele from eight full-service offices across the United States.
Contact:
Jill Dalton
Dempsey Partners LLC
212-319-8717
John D. Dempsey, CPA, CFE
Dempsey Partners LLC
203-762-5052
www.dempsey-partners.com
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