Integrity, Service, & Price
Experts in property, casualty, and workers’ compensation claims handling.
Praxis delivers actionable claims solutions for insurance companies,
reinsurance companies, public entities, and risk pools.
We assess the proper evaluation of coverage, liability, damages evaluation, reserving, and settlement factors while ensuring the claims handling staff is abiding by industry best practices as well as your internal claims manual. Each engagement delivers a narrative report which outlines observations and recommendations as well as an analysis of each claim file reviewed.
Praxis will review your claims history for both frequency and severity to identify your loss leaders. We then analyze your current risk management offerings to ensure they address your areas of need. Praxis will provide a risk analysis report which outlines recommendations for future actions and the associated cost of risk.
Praxis’ litigation management review will specifically focus on adherence to your litigation management guidelines or help you develop guidelines if they do not yet exist. This service assists with counsel selection, initial case evaluations, litigation status reports, budgets, and disposition strategies.
Praxis evaluates your current financial reserves against industry best practices and your own internal guidelines to outline the potential impact of the outcome of each case. We will document all paid and reserve positions and provide individual case analysis to support increases or decreases in the required collateral for program business.
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To learn more about any of our services or discuss a potential engagement please use the form below.