{"id":2320,"date":"2021-10-20T13:13:59","date_gmt":"2021-10-20T13:13:59","guid":{"rendered":"https:\/\/technology.davies-group.com\/?post_type=shelf-product&p=1600"},"modified":"2024-10-08T06:55:41","modified_gmt":"2024-10-08T10:55:41","slug":"legal-ai","status":"publish","type":"shelf-product","link":"https:\/\/davies-group.com\/northamerica\/technology\/claims-management\/product\/legal-ai\/","title":{"rendered":"Legal AI"},"content":{"rendered":"
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Legal AI<\/h2>\n

Providing an Automated Solution<\/strong> for the Insurance Claims Industry<\/span><\/span><\/h1>\n<\/div>\n
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Legal AI<\/h2>\n

Providing an Automated Solution<\/strong> for the Insurance Claims Industry<\/span><\/span><\/h1>\n<\/div>\n<\/div>\n\n\n
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Within the area of low-value claims, there are many handling and legal processes that are \u2018ripe\u2019 for digitization and automation.<\/h5>\n

Our legal AI enables injury claims handlers to action Ministry of Justice Stage 3 claims at a single click of a button. The simplification of the process has resulted in savings of 30 minutes per claim and $178 in cost per case as well as improving the customer journey.<\/p>\n

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15,000+<\/strong> claims processed to date by Davies Legal AI, Lauri claims, including Stage 3 packs, quantum disputes and motor damage recovery cases.<\/em><\/p>\n<\/div>\n \n \n <\/div>\n <\/div>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n

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\n How it works <\/h2>\n

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Our legal AI works to streamline low-value claims processing while ensuring that regulatory compliance is always adhered to. Through the application of artificial intelligence (AI), it reduces the burden and cost associated with the handling of low-value, quantum-only defense claims, and Stage 3 motor and EL\/PL MoJ Portal cases.<\/p>\n

Using machine learning to read and interpret documents of all types, Application Programming Interfaces (APIs), natural language processing, and process automation, the AI provides a true, end-to-end claims automation solution for the insurance industry.<\/p>\n

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  • An efficiency saving of over half an hour per claim for the insurers who are utilizing the system.<\/li>\n
  • A reduction of over 33% on the legal costs of processing \u2013 a saving passed on to the insurer through reduced legal defense spend.<\/li>\n<\/ul>\n <\/div>\n <\/div>\n
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    Avoidable litigation <\/h2>\n

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    Sometimes, claims proceed to litigation unnecessarily.\u00a0<\/span>Our AI<\/span>\u00a0can automatically process the court and claims documents, communicating with the Davies Tracker system to open a case, complete the paperwork, and send prompts to either an inhouse or Davies handler \u2013 according to your preferences.\u00a0<\/span><\/p>\n<\/span>\n \n\n \n <\/div>\n\n\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n

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    MoJ Stage 3 Processing <\/h2>\n

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    MOJ portal cases can be simply onboarded to our AI via email or a Verisk COA system, for rapid processing. Once the documents have been processed, the AI will wait for legal proceedings to begin, taking over the trouble of filing the Acknowledgment of Service, booking counsel, sending briefs, and managing claim payments, if required, before closing the case.<\/p>\n<\/span>\n \n <\/div>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n

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    Response Manager <\/h2>\n

    Providing the framework you need to get the right claims in front of the right people quickly. <\/h5>\n

    Built on the existing automation platform, the Response Manager provides a framework product to address major incident or product liability cases, including volume data breach claims, volume product liability cases, and miscellaneous incidents of an unspecified nature. Saving time and expense by automating the routine claims, and routing the remainder to the right specialist team\/individuals.<\/p>\n<\/span>\n \n <\/div>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n

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    \n \u2018Davies identified a growing market trend and developed a solution that is the first of its kind. That solution is Lauri. An innovative digital solution that uses artificial intelligence and automation technology to simplify a legal process. With a single click of a button, we can instruct Davies, create the court response, instruct our barrister to attend the hearing, receive the outcome, and populate our data fields \u2013 all without a human touch. That gives us three clear wins: significant operational efficiency, a full and complete data record, and of course reduced cost. Davies\u2019 support was first-rate and enabled us to go live within four weeks.\u2019 <\/backquote>\n Head of Motor Claims<\/span>\n Top 10 U.S. Insurer<\/span>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n","protected":false},"featured_media":0,"parent":0,"menu_order":0,"template":"templates-pathway\/product-template.php","meta":{"_acf_changed":true},"class_list":["post-2320","shelf-product","type-shelf-product","status-publish","hentry","routing-categories-claims-management"],"acf":[],"yoast_head":"\nLegal AI - Davies North America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/davies-group.com\/northamerica\/technology\/claims-management\/product\/legal-ai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legal AI - Davies North America\" \/>\n<meta property=\"og:url\" content=\"https:\/\/davies-group.com\/northamerica\/technology\/claims-management\/product\/legal-ai\/\" \/>\n<meta property=\"og:site_name\" content=\"Davies North America\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-08T10:55:41+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/davies-group.com\/northamerica\/technology\/claims-management\/product\/legal-ai\/\",\"url\":\"https:\/\/davies-group.com\/northamerica\/technology\/claims-management\/product\/legal-ai\/\",\"name\":\"Legal AI - 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