Tech Startups Bringing the Power of Applied Analytics to Potential Plaintiffs - Claims Journal
Martin Ellingsworth, an analyst for Celent, said the services being offered by Injury Claims Express and Just point seem like a natural next step in the evolution of applied analytics. He said jury verdict research has been around about as long as court proceedings have been published.
“When you have a number that needs to be generated, there are frequently two sides — often three or four — with an opinion about what the number should be.”
Ellingsworth said analytics can provide value to consumers as well as insurers. “Advanced analytics isn’t just for e-discovery and forensic audit, it can help consumers understand the value of their claim so they can make informed decisions,” he said.