By: Jeff Esper | May 31, 2016

From left: Chris Hess, Jeff Esper, Joe Wieligman, Mike Murphy

Whether the task at hand is recovering a business interruption loss or competing in a golf scramble, it takes a team effort to achieve a successful outcome. With the right combination of skills, mutual support and good fortune, your team will have a great chance of winning the day.


RWH Myers always enjoys supporting RIMS golf events. It's certainly a bonus when we put a team together that wins. In this year's Pittsburgh RIMS tournament, our team did just that. With a score of 59, we managed to capture our first RIMS chapter victory of the year. A big thanks to Joe Wieligman of Hylant and Mike Murphy, Director of Risk Management at Kennametal for excellent play and camaraderie throughout the day.


Also, a special thanks to another great team, the Pittsburgh RIMS chapter, for hosting a well organized and enjoyable day of golf, networking and fundraising.

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By: Christopher Hess | February 01, 2016

Partnership

We are excited to announce that two of our most devoted and experienced managers have been promoted to Partner!

 
Jerry Liberatore
 
Russell Zinn

Jerry Liberatore, CFE, has served as manager of the Pittsburgh office for 5 years and has worked with the Partners of RWH Myers for his entire 12-year career. Jerry always employs a proactive client-focused approach to handling business interruption, property damage, extra expense, and fidelity insurance claims both domestically and internationally. Jerry has extensive experience across a diverse range of industries, including chemical, manufacturing, retail, mining, hospitality and consumer products. His efforts have directly contributed to the recovery of over a billion dollars in insured losses for our clients. 


Russell Zinn has served as manager of the Connecticut office for 5 years and has worked with the partners of RWH Myers for 11 years. His extensive knowledge of the insurance claim process, tireless work ethic and willingness to go above and beyond have been recognized by clients, his peers and Partners. Russell’s experience includes preparation of claims in the manufacturing, health care, energy, hospitality and services industries. In addition to his work domestically, Russell has traveled extensively overseas to serve our intentional clients. 


Please join us in congratulating Jerry and Russ!



JerryLiberatore@RWHMyers.com p: (412) 897-3134

RussellZinn@RWHMyers.com p: (203) 240-3889 

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By: Jeff Esper | November 06, 2015

Cyber Panel

It was our pleasure sponsoring yet another successful Partner Day hosted by Central Ohio RIMS. It was held at  Wendy's Corporate HQ in Dublin, OH. The Wendy’s conference center was one of the nicest and well equipped venues I’ve seen for a RIMS event. 


The agenda was complete with current events and relevant topics for all industries. Each topic involved a panel of experts with a moderator leading the discussion. 

The topics were as follows:


  • Workers Compensation and Marijuana

  • Millennials

  • Product Recall

  • Active Shooter

  • Cyber Liability/ Disaster Recovery                                                                                                                    

(Pictured above from left to right: Spencer Timmel- Hylant, Diane Reynolds- Taft Stettinium & Hollister, David Fine- FBI, Brian Minick- Morphick Cyber and Moderator, Bob Bowman- The Wendy's Company)

We would like to congratulate the Chapter Officers, Panelists and other contributors for a job well done. 

Looking forward to next year!

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By: Jeff Esper | October 26, 2015

Jim Gillespie & Jeff Esper presenting to SV RIMS at Intel

It's been a busy year of delivering presentations for us. We've been asked to present across the United States at RIMS chapters and regional RIMS conferences. It's an honor and a pleasure to present at RIMS events and we're always working to keep the material fresh and interesting.


For example, our presentation for Silicone Vally RIMS (pictured above) hosted at Intel HQ, featured case examples relevant to companies in the region. The meeting was sold out weeks prior for our presentation which was on Business Interruption Values and Exposures. It was an interactive presentation with an engaged audience. Contingent Business Interruption seemed to be hottest topic filled with questions and comments from the RIMS attendees. CBI has become a bigger part of the BI Values equation especially among companies who depend heavily on suppliers around the world.


International events such as the Japan earthquake and tsunami in 2011 from which the total damages are estimated at $300 billion dollars (about 25 trillion yen), according to the Japanese government have spurred the increased attention to this risk area. 


For more information about our presentations, click on the Sharing tab above.

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By: Jeff Esper | August 25, 2015

New information is slowly filtering out of China about the Tianjin explosion and many companies are trying to figure out how their operations and business income will be affected. As the proverbial dust is settling, the one certainty is that a critical cog in the international supply chain wheel has been crippled and will not likely be fully functional for some time. The insurance implications are expected to be substantial according to Reuters analyst Arian van Veen, “It is still very early to determine the level of insured losses, but the event is likely to be large with initial insured loss estimates of $1-$1.5 billion and a large number of insurance companies affected,"

If you expect to have a loss stemming from Tianjin, here are some tips that may be helpful:

Policy Communication

Communicate with your claims team, from brokers to forensic accountants, so they are ready to respond.  They also may have some information you do not have as they likely are speaking with many other companies in the area.  Review your policy for coverage availability and/or limitations.  What are the details of your CBI coverage, ingress/egress, civil authority?  Discuss potential claim strategies and prepare internally for documenting your claim.  

Internal Communication
Now is the time to communicate and gather information as best you can.  Your internal groups, from supply chain to finance, need to know you are a resource for them, but you need to stay in the loop with regular updates on what effects the company is feeling.  The more information you can gather right now, the better positioned you will be when discussing with your carriers how your policy applies to the loss.  

Adjuster Communication
You are likely in contact with the local adjuster regarding the possibility of a claim. Let them know that you are on top of things and that you’ll keep them informed. If information is requested be sure to maintain control of the information that is shared.

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Tags: Claims 

By: Jeff Esper | May 28, 2015

The major storm and flood waters in parts of Texas and Oklahoma have caused death, destruction and despair affecting residents and businesses.  Those in Houston certainly remember similar experiences from Tropical Storm Allison in 2001.  Just like Allison, the waters will eventually recede and properties will be restored, but the impact will be felt for years to come.

To rebuild and restore businesses after an event like this involves time, effort and a good strategy. When it’s time to file a claim, having the right strategy will relieve much of the financial burden to your business. Coverage for the property damage may involve FEMA, Commercial Insurance, and other forms of aid. Maximizing recovery from all applicable sources is a daunting task, especially in the aftermath of catastrophic events. This is why informed policyholders turn to RWH Myers.

Just like the rebuilding and recovery effort itself, the financial recovery requires a team approach, but involving the right team is imperative. There are always those looking to take advantage of a disaster, so be cautious of who you hire for any service. It is always best to work with people you can depend on and trust. It is almost impossible to completely prepare for a disasters like this, but when it comes to preparing your claim, involving an experienced team will make a huge difference in both the process and the outcome.

The partners at RWH Myers have been through every named storm in the last three decades-including Allison, Ivan, Katrina.  We know how to accurately measure your losses, prepare your claims and recover what you deserve. Recovery may not come easily, but with the right team, it will be easier on you and your organization.

If you are in need of financial recovery assistance - including the preparation of insurance and FEMA claims related to this event - please contact the specialists at RWH Myers.  We are independent and devoted to the policyholder.

For more helpful information or to contact us visit- www.rwhmyersinsights.com.

By: Jeff Esper | May 07, 2015

It was another exciting RIMS Annual Convention last week! New Orleans is always a great destination and with the city filled with insurance professionals, it was really bustling. 


The RWH Myers exhibit booth had frequent visitors. Some came by to learn about our company and several friends and clients stopped by to say hello.  And, everyone wanted a chance to win our booth prize, The Parrot Bebop Drone. With a fish bowl filled with business cards, the winner was pulled: William McBain, Assistant Treasurer at Samsonite. Congratulations William!


After each day at the exhibit hall, the nights were spent at industry events from The French Quarter to the Superdome. We capped off the week with our annual client dinner Wednesday night at Bayona which was a brilliant venue for a relaxing and delectable evening.


Well, another RIMS Convention is in the history books so we're looking forward to next year in sunny San Diego!

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By: Jeff Esper | March 27, 2015

March 10, 2015: Orange County RIMS

Jim Gillespie and Jeff Esper presented to the Orange County RIMS Chapter on the topic of Property Damage Claim Challenges. They shared the most common pitfalls that influence the timing and recovery of property claims through an engaging and interactive luncheon presentation.

To learn more about the topic, submit the request form on this page for our featured Insights Brief, Property Damage Claim Pitfalls
.

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By: Christopher Hess | March 05, 2015

New Office Location in Austin, Texas

Welcome Sara Coleman to RWH Myers!

We are excited to announce that we have opened a new office in Austin, Texas, to serve organizations throughout Texas and along the Gulf Coast.


"Austin is the perfect location to support our clients throughout the region and to develop new relationships with organizations looking for an independent specialist to serve their forensic accounting needs," says Bob Kirchmeier, Managing Director of Business Development.


We are delighted that Sara Coleman has joined us as Manager of the Austin office and the most recent addition to our professional forensic accounting team.


Sara Coleman, CPA
Sara has a unique blend of experience and expertise, and she knows- first hand- the value of independence in forensic accounting. Having previously managed a consulting firm that analyzed and reported on critical data in the regulatory utilities space, Sara is poised to tackle the challenges of business interruption accounting. Sara has over 21 years of accounting experience in the Gas, Electric, Nuclear, Water and Cable industries and frequently served as an expert witness in proceedings. Like all professionals at RWH Myers, Sara is known for her consistency, work quality, and reliability, and we're confident you will have the same experience. 

We’re extremely proud to spread the good news that Sara is now a part of our team. Please join us in welcoming Sara to RWH Myers!


SaraColeman@RWHMyers.com p: (512) 577-4346

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By: Jeff Esper | December 03, 2014

Chris Hess, Pittsburgh Partner at RWH Myers, participated on the forensics panel at the 2014 Partner Day RIMS meeting in November. Partner Day consisted of various panel discussions throughout the day. Chris represented the forensic accounting service of claim preparation.


The questions posed to Chris led him to share several claim stories, best practice tips for risk managers and recommendations that could be applied immediately. During the Q&A several questions were directed at Chris. One of which was related to Professional Fees Coverage limits and another was actually a compliment on the approach Chris took on a claim in anticipation of the adjusters argument. The risk manager was impressed by the ingenuity used to resolve the claim. To Chris and the other Partners of RWH Myers, it's not out of the ordinary. In fact, it's what we expect from our team for our clients.


Watch a clip on professional fees below...

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Tags: Presentations 

By: Jeff Esper | October 24, 2014

Jeff Esper, the Director of Marketing, and Jerry Liberatore, CFE, presented Understanding Employee Dishonesty in the Workplace at the Great Lakes Regional RIMS conference in October 2014. This topic is relevant to everyone although the Risk Managers in the audience appreciated it most. As a part of Crime Coverage, Employee Fidelity presents a challenging risk to organizations in any industry. Though some may think of Retail employee theft, Jeff and Jerry shared a variety of theft cases from theft of parts sold as scraps to stealing funds. They discussed the most frequent offenses and the best ways to detect and prevent them. When the loss results in an insurance claim, the forensic accountants and CFE's investigate and measure the financial impact of the loss. Jerry explained the techniques they use to piece together the data even when much of it was hidden or destroyed. One of the highlights of the presentation was a clip from the cult classic film, Office Space, in which disgruntled employees launched a virus that would skim fractions of a penny and deposit them into a private account.

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By: Jeff Esper | October 17, 2014

RWH Myers Pittsburgh based Partner, Chris Hess, presented to a full room of Risk Management professionals from MI, OH and PA at the 2014 Great Lakes conference. Chris was accompanied by Tim Flaherty from Alcoa who spoke from the risk management perspective and emphasized the importance of having adequate coverage for Claim Preparation, also known as Professional Fees Coverage. Chris shared his insights on BI valuation, PD claim preparation and working with insurance side adjuster and accountants. Chris and Tim have worked on several complex losses together and shared their stories throughout. The room was filled and after the session Chris and Tim were surrounded by attendees with follow-up questions.


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By: Christopher Hess | September 17, 2014

October 1 – 3, 2014

Northeast Ohio Regional RIMS Conference

Cleveland, OH

RWH Myers has been selected to give two presentations at this year’s conference. Chris Hess and Tim Flaherty, Risk Manager at Alcoa, will present "Business Interruption: Case Study and Overview”. The second presenation, "Employee Dishonesty: Understanding Fraudulent Behavior in the Business Sector" will be presented by Jeff Esper and Jerry Liberatore. Please join our session to learn about these pressing topics. We look forward to meeting everyone that will be able to attend.

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Tags: Presentations