AIinclaimsmanagement:CodalautomateslegaltasksforClaimDeckuserswithanAIchatbot

How ClaimDeck AI works

• Summarize existing legal documents.

• Generate templates and drafts for new legal documents.

• Draft email communications between parties.

• Conduct legal research using publicly available data.

• “Give me a summary of all expert witness testimonies.”

• “Provide a summary of all medical expenses incurred by the claimant.”

• “Are there any references to prior accidents or injuries in the plaintiff's deposition?”

• “When is the next court appearance scheduled?”

• “Create an email summarizing the inconsistencies in the plaintiff's deposition testimony for our client.”

• “Prepare a settlement offer letter based on the current damages and expenses listed in the documents.”

The impact of AI in insurance claims management

• Accelerated claims processing: When analyzing high volumes of data, chatbots can summarize documents and present research findings faster than any human, helping the entire process move along faster and with fewer roadblocks.

• Lower costs: By offloading tasks to AI, firms can save money on recruiting, onboarding, and training new employees.

• Higher accuracy: AI chatbots are objective and able to process large amounts of information in a short amount of time, without growing tired or fatigued like their human counterparts.

• Improved forecasting: By analyzing historical trends via public and private databases, AI can predict the outcome of an insurance claim with unmatched speed and accuracy, which helps with allocating resources and managing client expectations.

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