TECHNICOTE
Miamisburg, Ohio
A devastating fire broke out during the dead of winter in one of Technicote’s manufacturing and distribution plants located in Cuyahoga Falls, Ohio. Technicote, one of North America’s leading pressure sensitive labeling manufacturers and distributors has nine facilities in North and Central America, including other facilities in Minnesota, Pennsylvania, Indiana, Georgia, Texas, California and Mexico.
Techicote initially believed its claim would be easy to document and adjust as a significant portion of the loss was to stock, for which there was significant documentation. Technicote soon realized that no loss is easy to adjust in this environment when large dollars are at stake and the insurer makes non-stop demands for substantiation of every single line item of loss.
The Sill Company, North America’s leading public insurance and claims adjuster and loss consultant, applied it extensive experience in the manufacturing arena, with specific industry-leading expertise in the printing industry, to aid Technicote. The Sill team included an experienced adjuster, building estimator, contents estimator, forensic accountant and attorney — all responsible for adjusting and negotiating the loss claim. The final result was a dramatically successful settlement on behalf of the insured in the mid to upper seven figure range.
Sill’s professionalism and expertise was praised by Technicote’s President:
“Initially we didn’t think we needed someone to represent our interests since we believed the loss and valuations were very straight forward. Three weeks after the fire, however, we hired Alex N. Sill Co. It was one of the best decisions we made. Not only did Sill relieve us from managing all the requests for information, they provided forensic accounting expertise, advised when we needed legal counsel and found additional coverages buried deep within the policy . . .
“Throughout the entire process Sill was professional, responsive, and easy to work with. In the end, they more than earned their fee. I would highly recommend anyone with a significant loss to hire Alex N. Sill Company the very day of the loss.”
Doug O’Connell, President