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My BP Oil Claim

Deadline to file your BP Oil Claim:

Why do the top Law Firms, CPA Firms, and Claims Preparation Firms choose ITSG's cloud-based OilClaim Calculator Software for processing their BP Claims instead of spreadsheets?

WARNING: If you prepare BP Claims, then you should be aware of the compelling reasons below regarding why you should upgrade from the desktop-based spreadsheet approach that was made obsolete over a year ago upon release of our software. Prevention of fraud, regulatory compliance, data integrity, data security, business continuity are only the beginning of the list of benefits and advantages over desktop-based spreadsheets. See below for more details.

Advantages of Processing BP Claims in ITSG's Cloud-Based OilClaim Calculator Software

Very Low Vulnerability to Fraud with Built-in Financial Controls - All Formulas and Algorithms are Controlled by ITSG, Locked and Not Editable by Users and can Not be Overwritten by copying/pasting/linking numerical data

Fully Automated Decision Making for Maximum Compensation Every Time to Remove Human Error. Resulted in 7% Higher Total Compensation on Average via ITSG internal study of 1,000 BP Claims

SAS70 Compliant (Sorbanes Oxley [SOX] Compliant)

Cloud Computing, Ultra-Resilient Architecture with 24x7x365 Active Monitoring within a Network Operations and Threat Monitoring Center

Data Secured by Industry-Leading and Government-Grade ProtectPoint Hardware and Software Firewall

PCI Compliant

Not Obstructive to Regulatory Compliance

Client information is Backed up daily in two, encrypted and secure locations

Satisfactory for Business Continuity with a Single-Data Storage Location that is Backed Up Remotely with Encryption

Data Integrity is Intact

Fit for Agile Business Changes and Climate Changes, as well as Ready for Weather Related Events such as Hurricanes


Easy to Consolidate Data and Reporting

Scales Automatically and Ready for Growth

Ready for Collaboration with Access-Controlled User Login and Management built for Sole Practitioners and Large Corporate Users to enable planning, forecasting, budgeting, and reporting.

Disadvantages of Processing BP Claims in a Spreadsheet on a Desktop Computer

High Vulnerability to Fraud - Fraudulent manipulations in company spreadsheet files have already resulted in Billion-Dollar losses. The main underlying reason behind this spreadsheet vulnerability is the inherent lack of controls, which makes it so easy to alter either formulas, values, or dependencies without being detected

Susceptible to Trivial Human Error - Not reliable. User must choose Highest Total Compensation

Not SAS70 (Sorbanes Oxley [SOX] Compliant)

Not Monitored. Desktop Application


Low Security with Desktop-Based Consumer Grade Firewall and Virus Software

Not PCI Compliant

Obstructive to Regulatory Compliance such as Sorbanes-Oxley and Dodd-Frank

No Backup of Client Data. Not Secure.

Unsuited for Business Continuity since Spreadsheet Data is Not Stored in a Single Location and Resides on the Computers of Multiple Users

Spreadsheet Data Integrity is Not Intact. Cells and Formulas can be deleted at any time losing all data integrity

Not Fit for Agile Business Changes and Climate Changes. Mergers and Acquisitions, Management Buyouts, earthquakes, tsunamis, hurricanes, uprisings, climate change, new technologies, and so on are problematic

Hard to Create Reports, Consolidating Data is a Labor-Intensive Manual Process and Sharing Data is Challenging

Scales Poorly. Spreadsheets Not Optimized for Growth

Susceptible to Erroneous and Duplicate Data and Not Built for Collaboration Planning, forecasting, budgeting, and reporting are all collaborative activities

 

One-on-One Expert Claim Advice

Now FREE one-on-one expert claim advice to see if you qualify for a BP claim settlement.

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Leading Claim Support Team

Simplify a very complicated process with our leading Claim Support team for BP Claims.

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OilClaim Calculator

Use our OilClaim Calculator in the cloud. The fastest way to get your BP claim settlement check.

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100% Accurate Calculations

Unlimited calculations and unlimited causation available to maximize your BP claim settlement.

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ABC 3 Top Stories. WEAR ABC 3 :: Online Oil Spill Claim Calculator in the news The BP oil spill affected nearly every industry around the Gulf of Mexico. Even individuals and industries that are not directly associated with the maritime or petroleum industries have seen a drop in revenue due to the ripple effect from declines in fishing, oil and gas production, and tourism.  If you you're an individual who suffered as a result or your business saw a drop in revenue due to the oil spill then we are here to help with your BP oil spill claim. You worked hard to build up your company; shouldn't you have someone who will work hard for you to get back what you lost? IT Strategies Group's battle-tested OilClaim Calculator™  cloud based software is secure and significantly reduces the time that it takes for you to properly submit your claim and get your settlement now! Learn More »

As of June 4, 2012, the U.S. Courts have decided that it's time to get you paid. The Economic & Property Damages Settlement resolves certain economic loss and property damage claims related to the 2010 Deepwater Horizon oil spill. If your claim is validated and you are included in this Settlement, you could receive money if you were harmed by the oil spill in one or more of the following categories:

 

The Latest Deepwater Horizon News:

July 2nd, 2015 - BP Agrees to Pay $18.7 Billion to Settle Deepwater Horizon Oil Spill Claims - Wall Street Journal

Wall Street Journal

BP Agrees to Pay $18.7 Billion to Settle Deepwater Horizon Oil Spill Claims
Wall Street Journal
BP PLC agreed to pay $18.7 billion to settle all federal and state claims arising from the 2010 Deepwater Horizon oil spill, including the biggest pollution penalty in U.S. history. If approved by a federal judge, Thursday's deal would conclude a ...
BP to Pay $18.7 Billion for Deepwater Horizon Oil SpillNew York Times
BP to settle Deepwater Horizon claims for $18.7BCNBC
A costly mistakeThe Economist
Financial Times -Tampabay.com (blog)
all 1,718 news articles »
 
July 2nd, 2015 - BP Agrees To Record $18.7 Billion Deepwater Horizon Settlement. Are ... - Forbes

Forbes

BP Agrees To Record $18.7 Billion Deepwater Horizon Settlement. Are ...
Forbes
BP BP will pay $18.7 billion to settle federal, state and local claims over its 2010 Macondo oil spill, the largest in American history. In a statement this morning the oil giant said the massive settlement had been agreed to by the U.S. Department of ...

 
July 2nd, 2015 - Family of victim in Deepwater Horizon disaster says BP settlement is not enough - WDSU New Orleans

WDSU New Orleans

Family of victim in Deepwater Horizon disaster says BP settlement is not enough
WDSU New Orleans
The $18.7 billion BP settlement announced Thursday does little to heal the wounds suffered by the families of the 11 crew members killed when the Deepwater Horizon exploded and sank off the Louisiana coast. While the settlement does not involve the ...
BP closes Deepwater Horizon oil spill chapter with £12bn record US payout ...City A.M.
BP share price: Deepwater Horizon settlement increases firm's vulnerability to ...iNVEZZ
BP to pay Gulf states $18.7 billion in Deepwater Horizon disaster settlement ...Bayoubuzz
Petro Global News -Shreveport Times
all 37 news articles »
 
June 29th, 2015 - US Supreme Court rejects BP, Anadarko over Deepwater Horizon spill penalties - Reuters

Reuters

US Supreme Court rejects BP, Anadarko over Deepwater Horizon spill penalties
Reuters
The April 20, 2010, Deepwater Horizon drilling rig explosion and Macondo oil well rupture killed 11 workers and caused the largest offshore environmental disaster in U.S. history, polluting large parts of the Gulf, killing marine wildlife and harming ...
BP's Deepwater Horizon oil spill appeal rejected by US Supreme CourtE&T magazine
US Supreme Court rejects Deepwater Horizon appealOE Digital

all 160 news articles »
 
July 2nd, 2015 - Tampa to receive $27 million in settlement over Deepwater Horizon oil spill - Tampabay.com

Tampabay.com

Tampa to receive $27 million in settlement over Deepwater Horizon oil spill
Tampabay.com
University of South Florida researchers have found small sandy patties on at least one Pinellas County beach that were traced to the Deepwater Horizon spill through the chemical signature of the dispersant BP used to break up the spill. But even before ...

and more »
 
July 2nd, 2015 - Gulf States Reach $18.7 Billion Settlement With BP Over 2010 Deepwater ... - ABC News

Gulf States Reach $18.7 Billion Settlement With BP Over 2010 Deepwater ...
ABC News
Gulf States Reach $18.7 Billion Settlement With BP Over 2010 Deepwater Horizon Oil Spill. NEW ORLEANS — Jul 2, 2015, 9:08 AM ET. Share. 0. Associated Press. Gulf states reach $18.7 billion settlement with BP over 2010 Deepwater Horizon oil spill.

 
July 2nd, 2015 - New Trial for BP Engineer Involved in Deepwater Horizon - OilPrice.com

Marine Log

New Trial for BP Engineer Involved in Deepwater Horizon
OilPrice.com
It seems that the news stemming from the investigation into the Deepwater Horizon oil spill in the Gulf of Mexico has been consistently bad for BP and others involved in the drilling project off the coast of Louisiana. But on June 30, the British ...
Deepwater Horizon defendant gets a new trialMarine Log
5th Cir. requires new trial in a Deepwater Horizon criminal prosecutionLexology (registration)
BP engineer wins new trial after obstruction conviction thrown outPetro Global News

all 14 news articles »
 
June 30th, 2015 - A precedent for Deepwater Horizon - The Port Arthur News

Offshore Technology

A precedent for Deepwater Horizon
The Port Arthur News
Last year, Jefferson County Commissioners Court marked the 25th anniversary of the Exxon Valdez with a resolution urging that “environmental fine parity” be applied to a Deepwater Horizon penalty settlement. Like most Americans, we recognized that both ...
Texas to fund two centres to research impact of the Deepwater Horizon disaster ...Offshore Technology
Deepwater Horizon Claims Adjuster Guilty of FraudThe Maritime Executive

all 6 news articles »
 
June 15th, 2015 - Five years later, Deepwater Horizon research continues but headlines fade - Phys.Org

Phys.Org

Five years later, Deepwater Horizon research continues but headlines fade
Phys.Org
It's been five years since the Deepwater Horizon oil spill in the Gulf of Mexico and as scientific research continues to unfurl more details about the impacts of the spill, the public pays less attention as time moves on. Yet many questions still go ...

 
June 27th, 2015 - Alabama couple ordered to return $2.1 million Deepwater Horizon claims award ... - The Louisiana Record

The Louisiana Record

Alabama couple ordered to return $2.1 million Deepwater Horizon claims award ...
The Louisiana Record
NEW ORLEANS – An Alabama couple accused of defrauding the Deepwater Horizon claims program of $2.1 million are denying the charges and say they cannot pay back the claim because the award went to pay off a judgment against them. In March ...