Exposure Valuation Tools
In the world of insurance claims management, leveraging insights from data is crucial for enhancing decision-making processes and operational efficiency.
Quaker Analytics has developed tools that enable these efficiencies and reduce loss costs meaningfully.
How It Works
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STEP 1
Select your claimant or key claimant attributes in Quaker Valuation
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STEP 2
Quaker Valuation identifies key metrics for the current injury and how it could escalate
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STEP 3
Refine filters based on claim details to boost confidence in results and predictions
Why Quaker Analytics
Exposure Valuation Tools?
Similar Closed Claimant Analysis
Utilize historical Industry data analysis when considering the specifics of the claimant and any corresponding injury escalation that could result in settling BI claims smarter and faster.
If you connect your company’s results to Quaker Analytics, you can also examine how an open claimant from your claims system stacks up against closed claim data results from your company, the industry or a combination of both.
Loss Adjustment Expense (LAE) Calculator
Use the LAE Calculator to estimate projected expense throughout the different stages of your case and accelerate early claims resolution:
Before a Lawsuit
Estimate costs if a lawsuit is filed, including responding to claims and initial discovery.Lawsuit Filed
Project expenses for expert witnesses, in-depth discovery, and medical exams (excluding trial and appeals).Trial and Appeal
Estimate the highest costs, including expert depositions, trial appearances, and appellate lawyers.
Plaintiff’s Attorney Scorecard
Slick summaries of claim outcomes by colleagues and open claims with the same plaintiff’s attorney/firm including suit filing timing and tendencies, LAE spend based on defending cases with this plaintiff’s lawyer, and good and bad results with them. Collaborate with colleagues to increase the best results in valuation analysis, settlement strategy, and litigation management approach
