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Insurance Cases and the Calculation Complexity that Typically Accompanies Them
Insurance class action lawsuits are commonly made against small and large insurance companies alike. Many times insurance companies misrepresent their own policies, participate in bad faith claims handling including not paying on valid claims or denying coverage to specific classes or groups of individuals. Other situations include charging unfair monthly services fees or failing to make reasonable investigations for payments. Our resources are specialized in this industry, servicing many of these types of cases each year.
It's quite common to have a vast number of calculations to perform within these types of cases. We've pattern-matched and machine-learned our way through the nuances of those complexities many times before. In fact, the tech team has built out so many data-driven models, our clients have been brought into conversations about their data that have opened and further developed various aspects of cases that led to greater outcomes overall for both sides. This data-driven mindset has really brought our team forward.
From policy to claim, Simpluris has done it all. Our insurance settlement types are vast and far-reaching, covering a broad spectrum of shapes and sizes.
Insurance cases have their own flavor of complexity...
Insurance cases have their own flavor of complexity, calculations, and flow. Proper alignment of policy specification, claim data, and problem domain knowledge can really move things forward when it is time to settle and handle the details. Simpluris an accuracy-focused, experienced settlement administrator of insurance cases, and has the staff, systems, and processes in place to provide coverage for your firm.