Legal spend management solution with advanced analytical insights.
Milliman Datalytics-Defense®employs powerful data mining algorithms to help companies detect patterns in attorney billing practices, allowing them to better understand their costs and develop more effective claims defense strategies. Advantages: Datalytics-Defense is designed specifically for insurers and self-insured organizations and has subject matter expertise built into the technology and reporting. Advanced analytics helps identify best practices of claims defense which can be implemented across the organization. Complete system integration including: claim data, document management, payment reconciliation, timekeeper rates, and proprietary Datalytics-Defense created data. Utilize peer-to-peer comparisons and benchmarks of law firms’ costs and outcomes. Advanced and proprietary data mining algorithms produce consistent and insightful data. Key Features: Customizable audits, Workflow management, Law firm and timekeeper management, Interactive dashboards and meaningful reports. Expertise: One of the largest actuarial consulting firms in the world and the global market leader in actuarial consulting to the insurance industry. Advise over 80% of the world’s leading insurers, working with 44 of the top 50 insurers globally. Deep expertise in providing advanced predictive analytics and machine learning solutions for the insurance industry. Combine global expertise and market-leading technical skills with local market presence, leveraging our in-depth knowledge of the regulations and markets in which we operate. A recognized leader in developing solutions for the insurance industry. An active research program to supplement and support our consulting activities.