What To Do When Disaster Strikes & You Can't Access Financial Documents

Swiss Re's website sigma-explorer.com noted insured losses for 170 natural catastrophes and 105 man-made disasters in 2021 alone. While almost all of these events resulted in property damage and loss of earnings for the affected businesses, some of those entities also felt the effects of civil authority evacuations, power outages, and supply chain disruption.

In order for these businesses to resolve their insurance claim and get back to a pre-loss environment, they need to provide documentation to help quantify the potential loss. Examples include financial statements, tax returns, bank statements, payroll, purchasing history, inventory counts, property values, and other items.