Claims that end up in litigation can become the real money eaters. The sooner the insurance company recognizes that a claim is heading toward litigation, the earlier it can take appropriate measures to mitigate possible consequences. However, early detection of litigation threats requires comprehensive analysis of text notes associated with each claim, frequently making it mission impossible.

How it works

The litigation prediction solution can be integrated into your existing claim handling processes to automatically generate alerts on possible litigations as early as possible. In addition, the solution can speed up the preparation of your legal team for an arbitration or court hearings by extracting, normalizing, and presenting in graphical form all relevant facts of the claim. The drill-down capability enables practitioners to immediately view all places in the claim notes that match the selected fact, with the corresponding text patterns highlighted.