In today’s litigious setting, proactive management of claims is crucial in controlling risk factors, and ultimately, cost. The Claims Manager must effectively identify all potentially compensable events, track details of the allegations, identify the various risk and financial consequences, actively manage the litigation process, identify and analyze high-risk/cost events, and implement ongoing measures for future risk prevention.
Claims Advisor ™ provides a comprehensive claims management tool for the effective and efficient processing of claims data, from the initial notice of a claim, through the adjusting and investigation stage, posting of reserves and payments, management of diaries and notes, to the final disposition and closing of the claim. It is integrated with DataTrk™ for the quick entry of initial claims setup data.