Products

Let Precedent modernize your injury claim handling to produce more consistent outcomes.

Casualty claims often contain large amounts of information, including medical notes, attorney demand letters, and insurance documents, which can lead to high processing costs and inconsistent results. Additionally, settlements are on the rise, which makes accurate and timely data extraction and document processing more critical than ever.

Contributing Factors Increase Severity

Increased attorney involvement

Adjuster labor shortages and higher pendings

Social inflation

Increased litigation, litigation financing, and nuclear verdicts

At Precedent, our products provide a multi-faceted approach to impact your attorney represented claims, ensuring fair and reasonable settlement outcomes. Our AI data solutions automate demand identification, accelerate the review process, and guide claims staff to produce optimal outcomes. This allows adjusters to actively monitor every bodily injury claim while guiding them to those that require more attention, new actions, or complex decision-making.

Our Products

Precedent’s AI products are built by experts in injury claims, artificial intelligence, and machine learning, and our models are trained on industry-wide data.d. This puts all necessary information in front of adjusters, where they can see it and optimize for the most accurate outcome. Precedent eliminates the need to sift through mountains of documents while ensuring attorney demands are identified, prioritized, and aggressively worked.

Monitor

Dramatically reduce the risk of bad faith exposure, litigation, and settlement costs by automatically detecting and monitoring attorney demand letters and alerting staff of high-risk items. This creates efficiency in the correspondence review process while significantly lowering loss adjustment expenses and simultaneously improving outcomes.

Automate

Eliminate a multitude of rote tasks from document review to data entry into claims and litigation management systems. Leverage Precedent’s API takes data extracted from correspondence and injects it directly into downstream systems. This saves thousands of hours of manual work and creates consistency while improving accuracy.

Guide

Through a blend of carrier and industry data, 3rd party data, and watchlists, Precedent provides next-step recommendations on strategy and subsequent activities, including bill review, independent medical examination assignment, counsel selection, and more.

Reveal

Easily search and review your entire inventory of demands to leverage Reveal across your claims. Our system provides previously unavailable Reveal into pending and past claims, resulting in more efficient and accurate handling.

Benchmark

Establish your performance by measuring industry-wide data across all customers. This real-time information enables carriers to ensure they are performing well on a local and national level.

Enterprise Ready Solutions

Easy POCs

Easy to get started with no IT involvement

HIPPA & SOC2 Certified Envioroments

Military-grade security

Seamless Integrations

Cloud-to-cloud, SFTP, API, email, or direct integration

Interested in Learning More About our Products?

Contact Precedent today by filling out our online form to learn how our products can accelerate, guide, and benchmark your claims practices. We provide the most accurate claim and litigation intelligence solutions and look forward to helping you gain a competitive advantage while improving claims processing.