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What is Milliman Datalytics-Defense?

The AI-driven legal spend management solution stands out in the market due to its remarkable analytical features. It uncovers patterns and inconsistencies in litigation costs, showcasing effective methodologies while revealing potential areas for enhancement. The innovative e-billing platform, Milliman Datalytics-Defense®, utilizes AI to evaluate your firm's operational effectiveness, streamlining the invoice review process by identifying questionable charges, reducing unnecessary expenses, and highlighting best practices across the organization. Developed by actuaries with significant experience in the insurance industry, this solution provides a profound understanding of the field's complexities. With our focus on insurance, you can have confidence in the capabilities of our product. The Datalytics-Defense solution effectively consolidates fee and expense data from all vendors involved in the claims process and employs proprietary data-mining techniques to extract critical insights from defense counsel invoices, ultimately improving decision-making and operational efficiency. By merging advanced analytics with a dedicated focus on the insurance sector, our solution not only enhances financial performance but also empowers firms to adapt to evolving market challenges, ensuring long-term sustainability and success.

What is AI Insurance?

AI Insurance represents a cutting-edge, cloud-based solution that leverages artificial intelligence to streamline and automate various insurance management tasks for program managers, captives, third-party administrators, and risk retention groups. This comprehensive platform merges numerous functionalities into a single, user-friendly interface, encompassing claims management, financial oversight, digital portals, application processing, premium billing, policy issuance and signing, rating engines, and extensive data management. A notable aspect of this system is its AI-enhanced automation, which includes invoice auditing features that scrutinize defense counsel invoices against predetermined guidelines to prevent unauthorized legal charges, in addition to application parsing that quickly extracts and inputs data from submitted applications. Additionally, the platform features indemnity prediction tools that reportedly improve accuracy by 25% over conventional adjusters after a year of usage, facilitating more accurate cost estimates and recommendations for claims management. By integrating these advanced capabilities, AI Insurance emerges as a crucial resource in the transformation of insurance management, significantly benefiting organizations looking to enhance their processes and minimize mistakes. As the insurance landscape continues to evolve, platforms like AI Insurance are likely to play an increasingly vital role in shaping industry standards and practices.

Media

Media

Integrations Supported

Duck Creek Suite

Integrations Supported

Duck Creek Suite

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$1,089 per year
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Milliman

Company Location

United States

Company Website

www.milliman.com/en/products/Datalytics-Defense

Company Facts

Organization Name

AI Insurance

Company Location

United States

Company Website

aiinsurance.io

Categories and Features

Legal Spend Management

Analytics / Reporting
Budgeting & Forecasting
Financial Controls
Insurance Claims Defense
Invoice Review
Legal e-Billing
Matter Management
Outside Counsel Management
Relationship Management
Strategic Planning
Vendor Management

Categories and Features

Insurance Claims Management

CRM
Claims tracking
Customer portal
Document management
EDI data exchange integrations
Electronic claims
Fraud management
Reporting

Insurance Underwriting and Rating

Broker / Agent Portal
Carrier Upload
Commercial Lines
Comparative Insurance Rating
Customer Portal
For Casualty Insurance
For Health / Medical Insurance
For Life Insurance
For Personal Insurance
Multi-State
Multiple Line Rating

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