Insurance companies face unique challenges managing extensive and complex claims litigation. Courtroom Insight (“CI”) solutions—the CI Directory, CI Matter Connector, and CI APIs—provide data-driven insights which improve the selection of legal professionals, enhances data analytics programs, and ultimately drives better litigation outcomes.
Here’s a closer look at how our solutions benefit insurance companies:
1. Improved Recruitment of Outside Counsel, Experts, & Mediators
Finding the right external counsel, expert witness, and mediator directly impacts successful case outcomes. The CI Directory helps insurance companies streamline the vetting and hiring process through:
- Targeted Expertise Search: Quickly locate legal professionals with specialized experience for complex cases using our filters and keyword search, ensuring that only the best candidates are considered.
- Performance Tracking: Capture historical performance assessments from inside and outside counsel to facilitate knowledge sharing and improve hiring decisions.
- Informed Decision-Making: Access comprehensive profiles on legal professionals, enabling a data-driven vetting and hiring approach , which mitigates risk and improves outcomes. Profiles contain unique information such as prior expert witness retentions, Daubert challenges, related judicial opinion excerpts, lawyer and mediator case histories, and effectiveness rankings.
2. Comprehensive Data Enrichment & Analytics
In an industry where data drives strategy, CI APIs and the CI Matter Connector provide clean, structured, and connected data directly into Claims Litigation Management, Experience Management, and other internal software systems, enabling Insurance Companies to access:
- Streamlined Data Workflows: Integrate CI’s structured people and matter data into your company’s systems to reduce redundancies, improve accuracy and automate updates.
- Enhanced Insights: CI’s people and matter data improves predictive claims modeling, early risk assessment, and pricing analytics—empowering your team to make more strategic, evidence-based decisions.
3. Better Claims and Litigation Outcomes
Optimized case management and information sharing is essential to achieve cost savings and better outcomes. CI’s solutions connect and normalize external partner data with private, internal information about the people and matters that directly impact case outcomes, resulting in:
- Enhanced Case Tracking and Analysis: The CI Matter Connector ties enriched, external dockets data to your company’s private internal information to gain access to real-time case insights. Connected data provides better case management, tracking and benchmarking opportunities.
- Reduced Litigation Costs: Clean, structured, & integrated data about past cases and outcomes reduces litigation costs and improves case outcomes by promoting more informed decision-making .
Interested in learning more about how CI’s solutions can improve your insurance company’s recruitment, analytics, and litigation outcomes, visit our website or contact us at sales@courtroominsight.com.
