Ian M. Wollach, CA·IFA, MBA, CFE - Partner

A partner in the firm of Rich Rotstein, Mr. Wollach practices in the areas of: personal injury and other damages claims, economic loss quantification, and forensic and investigative accounting services.

He has lectured at seminars and to law firms on topics related to the quantification of insurance and/or other damages claims.

He has examined numerous complex fraudulent transactions, as well as damages and other economic loss claims, with responsibility for evidence collection and report preparation - for both legal counsel and law enforcement agencies.

The growth of his litigation support practice, and client loyalty are testimony to the quality of services provided by Mr. Wollach and this firm.

Business Credentials

• Partner, Rich Rotstein, chartered accountants, in charge of litigation support practice.
• Designated by the Canadian Institute of Chartered Accountants as a specialist in investigative and forensic accounting.
• Successfully completed Canadian Institute Of Chartered Accountants requirements for designation as a specialist in forensic and investigative accounting.
• Director, Secretariat Branch, Pension Commission of Ontario, responsible for the Commission's policy, enforcement and communications functions.
• Manager, Financial and Business Standards, Loan and Trust Corporations Branch, Ministry of Financial Institutions, Province of Ontario, responsible for the development of asset quality evaluation procedures for real estate, mortgage, commercial lending and leasing activities.
• Senior Examiner and Investigative Accountant, Ministry of Financial Institutions, responsible for conducting investigations into the viability of financially unsound trust and insurance companies.

Experience

• Preparation of economic loss, damages and personal injury reports both for plaintiff and defendant purposes.
• Computation of past and future business and/or employment losses.
• Preparation of reports aimed at resolving disputed no-fault motor vehicle insurance claims.
• Has conducted numerous investigations into insurance claims, real estate, mortgage, loan and securities transactions, including those involving the valuation and recoverability of real estate and other collateral.
• Has prepared detailed reports for legal counsel, administrative tribunals, and insurers.
• Qualified as an expert witness in Ontario Provincial and General Divisions, and British Columbia Supreme Court.
• Speaker, Insight Conference, Benefits Payable Under BILL 59 (AIRSA), October, 1996.
• Lectured to law firms on the quantification of damages and other economic loss claims.

Published Articles

Ian Wollach has authored or co-authored the following published articles:

• Role of the Forensic Accountant - Ontario Mortgage Broker, September, 1992.
• On the Trail of Arsonists - Canadian Insurance, October, 1993.
• Role of the Forensic Accountant in the Investigation of Arson Claims (Parts 1 and 2) - Without Prejudice, January, 1994 and February, 1994.
• Bill 164 and the Self-Employed Claimant - Canadian Underwriter, October, 1994.
• Presumed Innocent, Proving Tax Evasion - C.A. Magazine, December, 1994.
• The Burden of Proof in Tax Evasion Cases - National, August, 1995.
• The Forensic Accountant as Arson Sleuth - Between the Lines, December, 1995.
• The Bureaucratic Nightmare of Bill 164 - Canadian Insurance, December, 1995.
• Loss of Earning Capacity Benefits Under Bill 164, Solution or Confusion - Without Prejudice, February, 1996.
• Will Ontario's Draft Auto Insurance Legislation Meet the Stated Goals of Affordability and Rate Stability? - Canadian Insurance, March, 1996.
• Economic Analysis of Proposed Changes to Ontario's Automobile Insurance System - Without Prejudice, March, 1996.
• An Analysis of Benefit Entitlements Under Bill 59 - Without Prejudice, December, 1996.
• How Much is My Businesses Worth - The Litigator, Spring 2002

Education

• Chartered Accountant and member of the Ontario Institute of Chartered Accountants.
• Member, Canadian Institute of Chartered Accountants, Forensic & Investigative Accounting Interest Group.
• Accredited by the National Institute of Certified Fraud Examiners.
• Junior and Senior Fraud Investigators Course - Ontario Police College.
• Academic Record:
  • Master of Business Administration - University of Cape Town, 1982
  • Certificate in Theory of Accounting - University of Cape Town, 1977
  • Bachelor of Commerce - University of Cape Town, 1976
  • Canadian Securities Course - 1989
  • Ontario Mortgage Brokers Examination - 1989

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