About Cybersettle
Cybersettle is the world leader in accelerated dispute resolution. We pioneered and holdpatent rights to the automated, online, double-blind bid, dispute resolution system, which allows our clients to resolve a wide range of claims quickly and confidentially. The multi-step method consists of Cybersettle’s renowned Web-based settlement application, supported by optional telephone facilitation.
The Cybersettle process generates high-speed settlements by matching offers and demands, enabling usersto settle disputes instantly, 24 hours a day, 7 days a week via the Internet, or by calling our Customer Service Center during normal business hours. We also offerthe services of trained telephone facilitators, who work with both sides to achieve a mutually satisfactory settlement outcome.
Cybersettle expedites settlement by eliminating the impact of egos and posturing in a financial negotiation. Both sides get to the “bottom line” quickly and confidentially, knowing that their offers will not be revealed to the opposition. Even if parties do not settle online, the dispute can be resolved shortly thereafter with the assistance of our telephone facilitators, because the online process has moved parties closer together.
Over the past 10 years Cybersettle has handled over 200,000 transactions and has facilitated over $1.6 Billion in settlements, including bodily injury and other types of insurance claims.
Cybersettle's automated dispute resolution method and system is protected by U.S. Patent Nos. 6,330,551, 6,850,918, 6,954,741, and 7,249,114. Cybersettle has similar patent protection in numerous countries.
Who Uses the Cybersettle System?
Insurance companies, third party administrators, self-insured entities and municipalities are realizing significant reductions in claim cycle time, administrative expenses and legal fees by using Cybersettle.
Claims professionals find that the system helps them to avoid communication difficulties, increase productivity, and focus on more complex claims, thereby reducing claim overload and increasing closure rates. Currently, there are over 2,000 claim offices and 10,000 claim professionals who are registered users of the Cybersettle system.
Attorneys use Cybersettle to resolve clients’ cases faster, more efficiently and have experienced increased client satisfaction. There are over 150,000 U.S. lawyers registered in the Cybersettle system and approximately 30,000 lawyers have used Cybersettle to facilitate the settlement of their clients' cases. We encourage you to give it a try. You will settle faster!