Cybersettle for Government & Muncipalities
Large claim volumes, significant claim carrying costs, and rising legal defense bills frequently plague municipalities. Cybersettle helps close claims faster and maximize claim-handling efficiency, while helping to reduce costs.
For example, 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.
Since deploying Cybersettle, over 5,000 settlements have been made totaling over $45 million. The City estimates a total of $94 million in settlement-related costs have been saved with Cybersettle. Taxpayers benefit from enormous settlement savings; plaintiffs benefit by a faster resolution of their cases, and the New York City Law Department benefits by being able to settle cases before litigation and concentrate resource on trial preparation for significant cases