Cybersettle for Muncipalities

Large claim volumes, significant claim carrying costs and rising legal defense bills, frequently plague municipalities. Cybersettle helps municipalities close claims faster and maximize claim-handling efficiency while helping reduce costs.

In 2004, the City of New York (Office of the Comptroller) embarked on an initiative to decrease claim backlog and reduce liability costs. New York City became the first municipality to integrate Cybersettle into its own settlement process.

During its 1st year demonstration with Cybersettle, New York City reported $11.6 Million dollars in process savings. Cybersettle allowed New York City to reallocate resources to revenue-generating initiatives, increased City pre-litigation settlements / reduced claim cycle time and accelerated City acquisition of key legal documents.

For more information on how Cybersettle can help you settle more efficiently please contact us and ask to speak with a member of our insurance operations team.