FEMA claims and grant management play a crucial role in assisting public entities and select non-profit organizations in the aftermath of a declared emergency or major disaster. While the Public Assistance (PA) Program is designed to provide aid to eligible entities, it is important to note that FEMA assistance does not aim to make an entity "whole." Instead, it serves as the payer of last resort, necessitating eligible entities to explore other potential funding sources, such as insurance providers and state grants, to supplement their recovery efforts. However, as each funding source introduces complexities in cost indexing and claim submissions, meticulous and specific documentation becomes essential to substantiate losses and secure reimbursement.
Assisting You with FEMA Claims
To ensure the best result and quickest recovery and reimbursement following a declared event, Imperium implements the following:
- Imperium combines insurance and FEMA specialists as part of the project team to ensure processes are efficient and there is no duplication of benefits across claims/funding sources;
- Building consulting, engineering, and forensic scheduling expertise as needed to document, quantify, and value loss and damages;
- 3-D imagery and drone capture services to document damages immediately following an event to facilitate FEMA’s process of validating damages, dimensions, and descriptions of damages;
- Dashboards and tracking schedules created to outline all incurred expenses categorized by funding source to ensure no duplication of benefits;
- Imperium assists clients with project-worksheet development and close-out.
Helping You Navigate Complex FEMA Claims
At Imperium, we possess the expertise and technological support necessary to effectively coordinate and manage the complex process of recovery. Our team, along with professionals from our strategic relationships, collaborates closely with all relevant stakeholders, including insurance providers, FEMA representatives, and other funding agents. Together, we work diligently to identify eligible reimbursable costs, document, and support each component of loss, and streamline the submittal process.
For losses where available funds can support recovery through insurance, FEMA, and other funding agents, a comprehensive claim strategy, detailed timelines, and a focused approach are critical to achieving a positive and expeditious resolution. Without a dedicated team well-versed in the interplay between insurance and FEMA (as well as other funding agents), a recovery effort may encounter significant disparities in scope, pricing, and expectations. This can lead to delays in reimbursement or a shortfall of funds.
Often insurance and FEMA claims services are viewed in separate silos – a consultant either supports insurance or FEMA, but rarely both. Imperium is unique in our industry, combining insurance and FEMA specialists as part of the project team to ensure processes are efficient and there is no duplication of efforts or benefits across claims/funding sources.
Imperium’s Experience with FEMA claims
With our extensive experience, we have successfully assisted in the presentation and recovery of over $1 billion in public funding. Moreover, our comprehensive understanding of the insurance landscape further enhances our ability to serve as a unique choice for public agencies grappling with the formidable task of recovery in the aftermath of a disaster or catastrophe.
- Drawing from our portfolio of successful engagements, we were engaged by one of the largest public entities in New York City that suffered a major loss resulting from Hurricane Sandy. In this capacity, our team supported the preparation of an insurance claim package exceeding $400 million. Additionally, we provided invaluable support in navigating the FEMA claim and associated grants management processes, encompassing $3 billion in overall economic damages.
- Furthermore, Imperium was entrusted by five prominent public hospitals that sustained damage during Super Storm Sandy. Our role involved supporting the preparation of an insurance claim package totaling over $200 million, aiding these institutions in their recovery efforts.
- Recognizing the wide-reaching impact of disasters, Imperium also spearheaded the creation of the Disaster Response Employee Assistance Program for a large multinational corporation. Through this program, we provided guidance and assistance in insurance and FEMA matters to employees affected by Hurricanes Harvey, Irma, Maria, and Michael, offering them much-needed support during challenging times.
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