ISO Claims Partners Integrates Premonition Data and Analytics to Improve Claim Litigation Outcomes
March 20 2018 - 10:00AM
JERSEY
CITY, N.J., March 20, 2018 - ISO Claims Partners has announced the
integration of Premonition data and legal analytics into its suite
of services. Premonition maintains the world's largest litigation
database. ISO Claims Partners is a Verisk (Nasdaq:VRSK) business
and a leader in Medicare compliance and claims analytics.
Premonition data will
benefit ISO Claims Partners customers by providing them with
unprecedented access to litigation information at the state
and local level. The service will guide insurers in selecting the
best defense counsel for different claim types based on "win rates"
as well as provide critical information about plaintiff attorneys
and judges that will help them form winning litigation
strategies.
"The addition of
Premonition's unique data into our Navigator suite will offer
clients insights that drive down both claims and legal costs," said
ISO Claims Partners President Robert Lewis. "Armed with the most
comprehensive litigation data set available and best-in-class
analytic technology, we can help our clients improve claims
outcomes with data-driven litigation strategies."
"Prior to the
development of Premonition, legal services were largely subjective,
with analytic information available only for federal cases," stated
Guy Kurlandski, cofounder and CEO of Premonition. "We're pleased to
join forces with ISO Claims Partners and Verisk to bring this
solution to their insurance customers."
With Verisk's leading
data sets and analytical solutions across the property/casualty
industry, including its premier claims database with more than 1
billion claims, Premonition complements the end-to-end claims
insight and decision support services insurers rely on to manage
expense, control claims costs, and deliver outstanding customer
service.
About
Verisk
Verisk (Nasdaq:VRSK) is a leading data analytics provider serving
customers in insurance, energy and specialized markets, and
financial services. Using advanced technologies to collect and
analyze billions of records, Verisk draws on unique data assets and
deep domain expertise to provide first-to-market innovations that
are integrated into customer workflows. Verisk offers predictive
analytics and decision support solutions to customers in rating,
underwriting, claims, catastrophe and weather risk, global risk
analytics, natural resources intelligence, economic forecasting,
and many other fields. Around the world, Verisk helps customers
protect people, property, and financial assets.
Headquartered in Jersey
City, N.J., Verisk operates in 30 countries and is a member of
Standard & Poor's S&P 500® Index. In
2017, Forbes magazine named Verisk to its
America's Best Mid-Size Employers list and to its World's Most
Innovative Companies list. Verisk is one of only seven companies to
appear on both lists. For more information, please visit
www.verisk.com.
Contact:
Giuseppe Barone/Erin Bzymek
MWWPR (ISO Claims Partners)
201-507-9500
gbarone@mww.com
ebzymek@mww.com
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Verisk Analytics Inc. via Globenewswire
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