ClaimDeck Q2 Insights: Key Questions to Assess Your Litigation Management, Landmark Annual Study, and Exciting Future Events

 

Litigation Landfall

9 Crucial Questions to Assess Your Litigation Management

In today’s fast-paced legal environment, efficient litigation management is critical. To determine if your current system meets your needs, ask yourself these 9 important questions. If you find yourself struggling to answer them or accessing the necessary information easily, it might be time to explore advanced litigation management technology like ClaimDeck.

Here’s how ClaimDeck addresses each of these essential questions: View a PDF of questions and answers.

 

Exciting Recognition from Guidewire Software!

We are thrilled to announce that ClaimDeck has been recognized by Guidewire in their recent publication on the future of P&C insurance. This esteemed acknowledgment underscores our dedication to innovation and our commitment to providing data-driven insights.

We extend our heartfelt gratitude to Guidewire for this honor and for including us in the Insurtech Vanguards program. We eagerly anticipate continued collaboration and are excited to drive the insurance industry forward together.

 

Thought Leadership

CLM Study

 

ClaimDeck and Hermes Law were proud to sponsor and announce the release of the much-anticipated 2024 CLM Alliance (Claims and Litigation Management Alliance) Study, conducted by Taylor Smith at Suite 200 Solutions. Our journey into revolutionizing the insurance defense industry took a significant stride forward this quarter.


Why It Mattered

This study wasn't just any study—it was a comprehensive exploration into the future of insurance defense, marking its sixth iteration with more depth and strategic foresight than ever before. Designed to transform how we understand, communicate, and collaborate within our field, the study laid the groundwork for significant innovation and efficiency.

 
 
 

ClaimDeck’s Role

Throughout the last few months, we highlighted various results from the study that supported the need for litigation management technology. Our efforts included several insightful blog posts written by our founder, Dwayne Hermes, that delved into these findings and demonstrated the critical role of ClaimDeck’s innovative litigation management technology. These tools were tailored to enhance the strategies outlined in the study, driving efficiency and empowering professionals across the industry.

 
 
 

Dive Into the Details

We invited you to read through the study and join us as we broke down its findings. We encouraged you to stay tuned for insights on how these findings could reshape our industry and how ClaimDeck was ready to help lead this change. To learn more about the study and explore its detailed insights, please click here.

 
 
 

Thank you for being a part of this exciting journey as we continue to push the boundaries of innovation in insurance defense.

 

Articles by Dwayne Hermes

Unlock Efficiency with ClaimDeck: Reducing Data Entry in Claims Management

Discover how ClaimDeck is revolutionizing claims litigation management by drastically cutting down data entry and streamlining communication. In Dwayne Hermes' insightful article, you'll learn about the transition from outdated, inefficient processes to a seamless, centralized platform. ClaimDeck enhances clarity, timeliness, and security, allowing claims professionals to focus on core tasks and achieve faster resolutions.

Read the full article to explore how ClaimDeck can optimize your claims management and lead the industry towards a more efficient future.


Harnessing ClaimDeck: Maintaining a Single Source of Truth in Claims Management

Explore how ClaimDeck ensures a "single source of truth" in claims management, guaranteeing data accuracy and consistency. In Dwayne Hermes' article, you'll learn how ClaimDeck's flexible data export functionality and detailed audit trails support carriers in maintaining a comprehensive, up-to-date file of record.

Discover how ClaimDeck's capabilities enhance transparency, accountability, and data integration, empowering carriers to make informed decisions and improve claims resolution. Read the full article to see how ClaimDeck can transform your data management strategy and elevate your claims process.

 

Events

As we wrap up the second quarter, we are delighted to share some highlights from our recent activities and events. It has been an exciting time for ClaimDeck, as we continue to be at the forefront of transforming the claims handling industry through innovation and collaboration.

 

Insights and Innovations at ClaimsXchange Nashville

In April, ClaimDeck had the honor of participating in the ClaimsXchange Nashville event, where our very own Dwayne Hermes led a distinguished panel to discuss “How AI, Technology, and Data-Driven Transformations in Claims Handling can Empower Claims Professionals.”

Alongside industry leaders Rod Harden from Velocity Risk and Ryan Bode from FCCI Insurance Group, Dwayne delved into the revolutionary applications of AI and data analytics in claims management. The discussions illuminated how these technologies are enhancing efficiency, improving customer experiences, and setting the stage for future transformations in our industry.


 

Global InsurTech Summit: A Hub of Knowledge and Collaboration

At the Global InsurTech Summit, we were inspired by the deep insights shared by leaders in our field. A standout moment was Neil Kempston from Beazley emphasizing the importance of understanding problems before jumping to solutions—a principle that resonates deeply with our own journey at ClaimDeck. Additionally, Yann Bry’s presentation on AXA's strategy for adopting insurtech innovations underscored the power of global collaboration and phased rollouts, offering a blueprint for scalable success.

Rebecca Side also had the privilege of speaking about how ClaimDeck is modernizing claims management in litigation with our cutting-edge technology. These conversations are a testament to our commitment to driving forward the insurtech landscape.


 

Engaging and Learning at InsurTech Hartford 2024

The InsurTech Hartford 2024 event was another highlight of our quarter. Heidi Sirota’s keynote on embracing intentionality and breaking free from fixed mindsets was particularly motivating. This message aligns perfectly with our ethos at ClaimDeck, where we strive to transform the litigated claims process through thoughtful and strategic innovations.


 

Networking at Insurtech Insights in NYC

In May, Andrew Antone and Peter Sanderson represented ClaimDeck at the Insurtech Insights conference in New York City. This event provided a fantastic opportunity to forge new connections and reconnect with industry peers. The energy and innovation at the conference were truly inspiring.


Celebrating Diversity and Mentorship at the RISE Professionals Awards

As proud sponsors of the RISE Professionals Awards 2024 in Ft. Lauderdale, we were excited to support the speed mentoring efforts and the DEI and Innovation committees. The Juneteenth celebration was a significant highlight, reflecting our commitment to diversity and inclusion within the industry. Meeting with many of you there underscored the importance of these gatherings in driving our shared goals forward.

 

Looking Ahead to ClaimsXchange Chicago

We are thrilled to announce that our founder, Dwayne Hermes, will be speaking at two key sessions at the upcoming ClaimsXchange Chicago event in July. These sessions will focus on the future of Claims Management and InsurTech integration, covering topics such as advanced data utilization, ethical practices, and strategic guidance for claims departments. We are excited to engage in these thought-provoking discussions and share our insights.

 

As we reflect on the past quarter, we are grateful for the opportunities to connect, learn, and grow alongside our industry peers. It is inspiring to see our industry evolve, and we are proud to be a significant part of this transformation.


ClaimDeck™ eliminates claims litigation leakage for carriers while driving process into the law firm, modernizing the litigation process.

Get in touch with the ClaimDeck team.


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The 2024 CLM Defense Counsel Study Report of Findings