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Gain a deeper understanding of claims, predict outcomes, and take preventive action to optimize your business performance.
Slice and dice your claims and loss data in limitless ways to get the insights you need to make smart, fast choices.
Find ways to reduce costs and modify outcomes by asking simple questions.
Identify root cause(s) through data-driven, interactive analysis of key program areas.
Gather the data you need to build consensus and support for your claims management objectives.
Deliver metrics, data, and insights to allocate resources to improve your returns.
Integrate multiple sources of data to predict how a claim is likely to unfold. Identify claims that have the potential to “jump,” and take proactive steps to mitigate costs.
Whether you self-administer claims or use a third-party claims administrator, gain control over critical priorities: incident intake, claims consolidation and administration, supervision, and legal risk and litigation management.
Consolidating claims data from multiple sources provides standardized data for better insight and understanding of the risk your organization faces.
Track all claim details, including description and causes of the loss, through to the financials. Define your claim types as well as payment buckets, transactional values, and claim payment detail. View, add, edit, and remove all claim records. In addition to commonly used claims management fields, client-specific custom data fields are available.
With more accurate, complete, and reliable data you can:
With an efficient incident intake process, you can quickly get your incidents and claims notified, which is a key factor in reducing the closed lag time and overall claim costs. Quick reporting also allows for more accurate analysis of trends and root causes. Capture the information you need with dynamic questions sets to ensure maximum accuracy of the submission.
Since incidents are immediately available for investigation, administration, reporting and analytics, you can make corrective actions faster to prevent similar incidents and reduce costs.
Create a single system for analysis and risk reporting by linking litigation information with incident, claim, safety, policy, and exposure data. Gain an enterprise-wide view of critical legal data and improve high-level decision making.
With all your legal and litigation data in one platform, you can segment and evaluate information from virtually every angle. Now you can analyze data by business unit, product, exposure, law firm, or matter type.
Monitor a range of key performance indicators regarding your legal resources, TPAs, and service providers to enhance your organization’s profile and drive down costs.
“Jumper” or “sleeper” claims account for 40% of the $60 billion paid each year for workers’ compensation benefits. With predictive analytics, you can now integrate multiple sources of both internal and third-party data to predict how a claim is likely to unfold.
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