Claims Management
For organizations facing mass tort liabilities, quality, accessibility, and organization
of underlying data are of critical importance.
While tracking data on an isolated basis is sufficient for some targeted needs,
many organizations have found it beneficial - if not essential - to integrate their
various data sources and information requirements. Doing so reduces research and
administrative costs. More importantly, it ensures data accuracy and, ultimately,
improves decision-making. And with today's heightened compliance requirements, accurate
tracking of material liabilities and associated statistical data is critical to
informed decision making.
A full range of claims management support.
The Claro Group provides a range of claims management consulting services for companies
facing mass tort liabilities, including:
- Diagnostic processes to identify specific client data needs and requirements
- Determination of optimal data input, logical analysis and reporting based on information
sources and needs (e.g., invoices to insurers based on coverage-in-place agreements,
board level reporting)
- Customizable proprietary data management system based upon commonly available platforms
(Microsoft Access, SQL)
- Automated data scrubbing and standardization processes to ensure consistent and
accurate tracking of data
- Overall data management system design, operation, and/or monitoring including administrative
and management support
Flexibility to address unique needs.
Recognizing that every mass tort scenario will have its own unique issues and implications,
we offer a flexible approach that can be tailored to each client's specific needs
- from simply consulting on system design to completely managing and tracking all
claim related data or from logging initial filings to managing the recovery of defense
and indemnity payments from insurance companies.
Please contact us for more information about The Claro Group's claims administration solutions.
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