Nick Schneider, a Certified Public Accountant licensed in Illinois and a Certified Fraud Examiner, is experienced in assisting clients with forensic accounting and consulting services related to insurance claims, including complex property and business interruption claims for insured businesses, as well as product recall, cyber and fidelity bond claims. Skilled at evaluating inter-dependency losses pursuant to direct physical damage and contingent business interruption, Mr. Schneider has worked with Fortune 100 companies, manufacturers, and retail businesses in preparing and substantiating complex claims and analyzing losses from insured catastrophic events.
Nicholas joined McLarens in October, 2016.
NOTABLE ASSIGNMENTS
- Food Manufacturing: Property Damage / Business Interruption – Three losses over a two year span that ranged from $15 Million to 70 Million.
- Food Manufacturing: Product Recall ($15 Million).
- Hospitality: Mold Claim / Business Interruption ($50 Million).
- Food Manufacturing: Business Interruption – Four losses over three years that ranged from $1 Million to 5 Million.
- Commercial / Residential Property: Texas Freeze – 49 properties. Handled Property Damage (schedules with support hyperlinked for adjuster approval), Business Interruption, Extra Expense, payee directive by carrier, by property. $5.2M claimed.
- Commercial / Residential Property: Texas Freeze – 23 properties. Handled Property Damage, (schedules with support hyperlinked for adjuster approval), Business Interruption, Extra Expense, payee directive by carrier, by property. Agreed amount $3.6M.
- Commercial / Residential Property: Texas Freeze – 25 properties. Handled Property Damage, (schedules with support hyperlinked for adjuster approval), Business Interruption, Extra Expense, payee directive by carrier, by property. $3.5M claimed.
- Commercial / Residential Property: Texas Freeze – 70 total properties, 48 with Business Interruption. Handled Property Damage (schedules with support hyperlinked for adjuster approval), Business Interruption, Extra Expenses, Claim amount totals $60M+.
- Commercial / Residential Property: Texas Freeze – 25 total properties. Handled Property Damage (schedules with support hyperlinked for adjuster approval), Extra Expenses, SOL’s (by carrier). Agreed amount totals $6.2M.
