Unrivalled analysis on injury claims using aggregated claim settlement data
Using our extensive database of claimant solicitor behaviours and prior settlement rates, COMPASS provides you with
an in-depth, bespoke summary of your claim that is emailed to you directly.
Using this detailed analysis, you are then able to proceed with your claim in the most effective way, ensuring the best possible outcome and maximising your indemnity savings.
What does it do?
Our experienced lawyers review this summary and provide you with detailed recommendations and tailored strategies on how
to proceed with your claim. This includes advising you on reserving and early offers, as well as costs budgeting, where applicable.
COMPASS is a digital tool which uses our vast database of MI, combined with the expertise and knowledge of our lawyers, to deliver meaningful analysis on your injury claims, assisting you in making quick and effective decisions when managing a claim and helping to provide you with significant indemnity savings.
Using two sets of data streams, COMPASS provides you with tailored advice dependant on the value of your claim, ensuring you can achieve the best outcomes for your specific needs.
What's the digital solution?
For large loss claims where COMPASS has been used, we have seen a reduction in indemnity spend in relation to claimant costs of between £25k and £55k per case. On fast track claims, we have seen average additional saving of £150 per case.
By utilising our COMPASS analytics, you can see increases of up to 60% in settlement rates, resulting in a reduction in indemnity spend in relation to defence costs of around £20k per case.
More details can be provided through a value banding exercise,
so please get in contact if you would like to discuss this further.
Reduction in indemnity spend between £25k and £55k per case
Average additional savings of £150 per case
Data Insights
Motor Injury
Casualty Injury
Complex Injury
Stages of the claim lifecycle
Strategy
Investigation
Trial/Settlement
Improved case strategies: COMPASS provides you with unrivalled analysis of your claims, ensuring you can make early, informed, data-led decisions, leading to greater indemnity savings.
Reduced claim lifecycles: By providing you with analysis right at the start of your claim, COMPASS helps to reduce claim lifecycles and guarantees you greater settlement rates.
How does it help?
In order to successfully manage your injury claims, it is essential you are provided with in-depth analysis and diligent support that assists you in achieving early settlements and reserves.
By having access to aggregated claim settlement data and expert industry knowledge, you can ensure reduced claim lifecycles and indemnity spend.
What is the need?
