Recent Losses

Professional Indemnity
Food Industry
Product Recall
Products and General Liability
Construction Risks
Statutory Liability
Litigation Support
Fidelity Guarantee
Major Loss
Aviation/Engineering
Summary

Some examples of the assignments entrusted to TPA showing initial estimates include:

• Professional Indemnity
• Mining Fire, A $50 million
• Construction – design and build contractors, $20 million
• Building Management System, $300,000
• Law firm, $250,000
• Quantity Surveyors, $200,000
• Engineers, various allegations ranging from $50,000 to $200,000
• Architects design & supervision
• Brokers, $200,000
• Trustees $500,000
• Building and Plant efficacy $400,000
• Security services and other providers
• Surveyors, $3 million
• Real Estate agent, $250,000

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• Food Industry
• Managing liability and recovery prospects, $10 million for alleged product defect
• Multi-million dollar business interruption to food plant following widespread flooding
• Meat rejected ex Europe, to the value of $1.5 million, approximately 50% of value recovered after initial refusal by authorities; Meat rejected ex USA, claim $1 million
• Tainted food products rejected ex Europe, product value $2 million +, loss agreed at $675,000 after maximising salvage
• Product rejections ex Asia, a number of losses ranging from $750,000 to $1 million+

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• Product Recall
• Bottled drinks, $1.6 million, $200,000
• Food products, $5 million worth recalled, off shore location,
• Wine, $600,000 recall due to food safety concerns

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• Products and General Liability
• Wine, $15 million world-wide liability loss for supply of allegedly defective packaging components
• Machinery, Service agent, $16,000,000
• Alleged defective equipment causing fire, $750,000
• Veterinary/Avian pharmaceuticals, off shore third party claim of $150,000
• Building products & Paint systems, various alleged product failures ranging from $100,000 to potential claims of $1.5 million
• Food products rejected ex Japan, we handle numerous claims for a variety of products. The claims range in value from $100,000 to $1 million +
• Alleged 'Strict Liability', $1 million +
• Alleged faulty product $2 million
• Defective plant refurbishment $360,000
• Veterinary Pharmaceuticals, $400,000
• Food Products, $400,000
• Alleged defective equipment causing fire, various up to $3 million.

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• Construction Risks
• Weather tightness claims, potential losses of up to $20+ million on one assignment
• Construction liability & Contract works, various losses ranging in size and complexity
• Earthworks collapse, $350,000
• Failed storm water pond, $250,000
• Contamination of earthworks, $250,000

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• Statutory Liability
• Pollution, $500,000
• Accidental death, (numerous) $250,000

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• Litigation Support
• Quantum Evaluation, Fire claim, US $7 million
• Quantum Evaluation, claims of various types ranging from $150,000 to $6.5 million
• Investigations into liability and causation
• Witness interviews and statements
• Recovery of fraudulently acquired funds, $650,000

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• Fidelity Guarantee
• Various service industries, losses of between $50,000 and $650,000
• Numerous complex cases involving theft of intellectual property valued in the region of $1 million
• Employee theft $250,000
• Theft of customers goods $600,000
• Multiple theft claims up to $200,000 per event
• Misappropriation of Trust funds $120,000

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• Major Loss
• Three multi-million dollar food processing plant fires
• Commercial Office Building $2.2 million and $2.5 million
• Industrial plant fire $5 million+
• Forest fire $1.5 million+
• Industrial plant fire, $3.7 million
• Industrial building, $2.4 million
• Numerous fires, upwards of $2 million
• Accidental damage, $3 million
• Retail Outlet, $2.3 million

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• Aviation/Engineering
• Aviation Hull
• Hangar Keepers Liability
• Chemical Liability
• Failure of Turbo Generator, $4.5 million
• Failure of generator transformer, thermal power station, $3 million
• Failure of power station generator, F $1.2 million

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