Lost Profits at an Engineering Firm
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Maxson Young Insurance asked our consultants to determine lost profits for a mechanical/electrical engineering firm due to a fire at the policyholder’s office.
Hampton IP Expert Services
Our consultants evaluated several factors of the engineering firms operations to determine that no contracts were lost due to the fire.
We also developed a model to calculate the policyholder’s continuing payroll costs, considering the engineering firm continued to pay its employees and several sub-contractors to complete time-sensitive work.
Practice Area
Insurance Claim