Litigation Executives and the Need to Drive Efficiencies Claim executives perhaps know better than anyone how important it is to eliminate, minimize and control inefficiencies across their organization. In a low interest rate environment, and in the absence of higher premiums, the pressure being put upon them to control both outcome and unallocated expense is […]
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September 2020, Claims Data Analysis As the industry’s leading claims litigation management software provider, CaseGlide compiles a broad swath of claims data that represents a variety of segments and geographies. One of the most interesting that we regularly gather and analyze are cases specific to most of Florida’s largest P&C insurance organizations. Looking at a
Time to Talk Analytics – Part 1 Actionable claims litigation data It would be difficult to find a claims manager or senior executive that didn’t believe the use of program metrics and analytics would help them run a tighter, more efficient ship. Almost everyone agrees on the criticality of metrics to help their organizations. Metrics
A Better Vision for Working with Counsel More Effectively In our last installment of CaseGlide Insights, we spoke about how law firms can better position themselves as a “go to” resource for claims leaders by improving communication and reporting, focusing on early resolution, being proactive and creative, and by applying strong planning budgeting strategies. These are
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Increasing Your Firm’s Standing with Claims Organizations Many property and casualty claims organizations report that they spend more on litigation expenses than on costs related to running their claims departments. The biggest portion of those expenses are attorneys’ fees, essentially making the management of those fees, and those attorneys, a critical component of a successful
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Best Practices for Successful Negotiations – Part 2 On our last blog, part 1 of Best Practices for Successful Negotiation, we discussed the first 2 of 3 best practices claims professionals can use to resolve their litigated claims earlier, without overpaying for it. First was to understand the true problem by uncovering true needs. The
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Best Practices for Successful Negotiations – Part 1 From our perspective as a provider of litigation management software, we know the critical importance of early case resolution. Our customers know, and can support with excellent data that the longer a litigated claim remains open, the greater the expense and (most often) the greater the indemnity cost.
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Maximizing Your Relationship with Outside Counsel Working better together It’s a necessary relationship and a critical part of the claims litigation process. You may work with dozens of outside counsel firms or a select few, but hiring and effectively collaborating with defense firms is essential to moving claims efficiently through to an optimal resolution. Yet
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Collaboration in the Claims Litigation Process A primer for claims and litigation executives There is no denying that collaboration tools have taken root in many organizations. A generation of technology has arrived that enables people across organizations and between companies to connect and work together more efficiently. And, it’s showing real results. According to McKinsey