Claims Services

 
 

Specialty Global delivers tailored claim management services coupled with an emphasis on the importance of communication during all phases of claim development.

Specialty Global’s claims management focuses on:

  • Control and reduction of ALAE
  • Identification of and capitalizing on optimal resolution opportunities
  • Early recognition of ultimate loss via timely and accurate reserving
  • Establishment of metrics via capture of meaningful claims data

ALAE Management

  • Careful selection and aggressive management of panel counsel
  • Control of hourly rates charged by counsel
  • Monitoring and management of case staffing by defense firms
  • Stringent audit of defense firms’ legal invoices

Achieving Most Efficient Resolution

  • Established procedures to ensure each claim examiner evaluates relevant information and actively seeks resolution opportunities early on and on a periodic basis regularly thereafter

Accurate and Timely Reserving

  • Established procedures to ensure each claim examiner calculates reserves via a formula that considers estimated probabilities of optional outcomes, realistic estimate of costs to litigate, and coverage issues as appropriate

Meaningful Data Capture

  • Coding of each claim at critical phases to establish metrics and identify trends for use in improving risk selection and the claims management process

Questions about claim services for a fee can be forwarded to: gsayers@specialtyglobal.com or call Gretchen Sayers at 913-564-0872

     
     
 
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