Mechanical Evaluation and Financial Analysis in Thailand

Mechanical Engineering and Financial Analysis in Bangkok and Ayuttaya, Thailand

In the months following the Thailand monsoon floods in October 2011, one of our senior forensic mechanical engineers was hired to conduct damage evaluations for a number of manufacturing plants, whose operations ranged from solid state components to food processing.  In each case, our engineer inspected the flood-damaged machinery to evaluate damage and determine economic feasibility of repair.  When the evaluation phase was completed, economic analysis involving replacement value, depreciation and actual cash value was required. 

While this process was previously completed by hand on a machine-by-machine basis, our forensic engineer developed a customized analysis software allowing data from insured parties to be entered as received.  This analysis provided the data that could then be used to determine insurance settlements.