Law firms and carriers can leverage software to set up processes that aggregate and organize data for clearer insights that aid in decision-making for reduced risks and costs. (Credit: andranik123/Adobe Stock)
The wave of pandemic-related backlogged and emerging claims cases is beginning to crest, and it's about to wash over a landscape of potential verdicts driven by social inflation delivered by a rapidly digitizing courts system. Insurance defense firms are feeling the effects already. As they brace for this next phase of claims litigation, firms will need to practice a new form of data-driven transparency with the carriers they serve.
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