Casentric Launches Liability and Damage Resolution Platform

Casentric, LLC, a provider of intelligent decision-making software for property & casualty claims, announces the launch of CaseXpert, a software-as-a-service application that helps adjusters investigate, evaluate and negotiate the damage and liability components of claims.

CaseXpert enables claim handlers to organize and analyze liability and loss information, and all related evidence for each issue, in order to create an accurate claim value. It serves as a decision tool for claims handlers to develop the value of a case as their investigation progresses, which is designed to resolve cases faster and with confidence, even in difficult cases where a company's customer bears partial responsibility for a loss.

Jim Kaiser, CEO of Casentric, understands the challenges in today's claims environment.

"We developed CaseXpert for insurance carriers who want to achieve improved, more accurate claim resolutions," says Kaiser. "In our early testing, users have been able to improve their liability accuracy by as much as 15 percent. CaseXpert helps the adjuster to build a claim's value while providing immediate feedback to the adjuster about the impact of each new piece of evidence on their evaluation. In turn this yields improved liability and damages assessments."

CaseXpert is a cloud solution that is accessible via a web browser. It can be quickly deployed for testing or implementation, and has been designed to integrate with core claim systems.