Analytics & Insight

Strategic Claims Litigation Management Reporting and Metrics: Part 2 Making measurable improvements to your litigated claims process In part one of this reporting series, we outlined critical litigation and analytics reports for claims leaders and covered the organization of big picture and current inventory data. Both are exceptionally important to having a high-level understanding of […]

How Claims Litigation Information Can Enrich Insurance Underwriting Data Tim Berners-Lee, the computer scientist best known as the inventor of the World Wide Web, had a profound take on data. “Data is a precious thing and will last longer than the systems themselves,” he once said. However, as many insurers have learned, truly valuable data

Strategic Claims Litigation Management Reporting and Metrics: Part 1 Seeing the Big Picture and Nailing the Foundation Successful claims organizations know that relying on hunches and gut feelings around their litigation management efforts is a recipe for bad decision-making. Understanding circumstances like litigation trends, current case inventory, early resolution candidates, problem files, and attorney performance

Litigation Management Software 101 Managing Litigation Claims Effectively We often use the term “Litigation Management Software,” but it’s still a relatively new space and solution for organizations with litigated claims. At the core of this software is access to more complete datasets that enable leaders to make better and more informed decisions related to case

Critical Claims Litigation Metrics that Help Improve Case Outcomes Using structured data to mitigate litigation costs The future of claims litigation management is rooted in outcome-driven decisions, made possible by copious amounts of structured data and litigation metrics. It represents a stark contrast from the current state in which claims organizations attempt to mitigate litigation

New Litigated Claims Jumped in June for Florida’s Largest P&C Insurers Florida Litigation Management Data Trends, June 2021 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 data sets that we regularly gather and

Improving Litigated Claims Outcomes: Structured Data vs Unstructured Data Claims organizations have traditionally been plagued by slow and cumbersome procedures, relying on email communications to move the vast amount of data between their defense counsel and claims handlers. The data about the case, although critical to the litigation management process, ends up residing in email

How to Improve Claim Reserve Accuracy by Structuring Data The importance of case exposure and expense estimates when determining insurance reserves and legal spend Accurate loss reserving is considered by some to be one of the most critical functions of a claims department. Reserving is at the core of how an insurance company protects its

Nuclear Verdicts – A Case for the Insights That Technology Can Provide Nuclear verdicts are a hot topic of discussion across our industry. This is no longer some other claims organization’s problem or an issue only arising in transportation-related claims. Claims leaders are acknowledging the risk these verdicts pose to their business and looking for