Reinsurance News

BDO USA takes over property claims team at Quantum Global Advisors

7th October 2020 - Author: Matt Sheehan -

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US accounting and advisory firm BDO USA has strengthened its property claims services with the addition of 28 professionals from Quantum Global Advisors, an international insurance claim and valuation consulting practice headquartered in Chicago.

The combination with Quantum, which is set for completion on October 16th, is expected to significantly boost the status of BDO’s Forensic Investigations and Litigation Support practice.

“Right now, our clients need a 360-degree view of their businesses to remain resilient during these challenging times. From the global pandemic, to the wildfires in the West and hurricanes striking our Gulf Coast, these events cause untold disruption to communities, as well as severe business interruption across the country,” said Jay Duke, National Managing Partner for Advisory Services at BDO USA. “

“In combination with Quantum, we now have a deeper, more holistic business insurance advisory practice that will result in stronger outcomes as organizations, large and small, work towards recovery.”

Quantum’s digital platform, Asset Intel Modeling (AIM), is also expected to enhance BDO’s claims services with real-time data on client assets.

“We have grown tremendously over the last 75 years, and are proud of this expansion which will now position BDO among the largest insurance claims provider and policyholder servicers in the world,” said Steve Dimakos, Principal at Quantum Global Advisors.

“The enhanced capabilities will enable BDO to provide best-in-class personalized claims services to an expanded network of businesses worldwide to help them tackle issues, both expected and unexpected.”