Services: Missed Deductible Analysis / DART
The failure to collect third party deductibles (TPDs) on commercial liability policies can cost insurance companies millions of dollars. Additionally, identifying the missed opportunities across an organization's entire claims portfolio can be a lengthy and expensive proposition. Paragon's Missed Deductible Analysis or DART (Deductible Analysis Recovery Test) helps commercial insurers find, validate and quantify unidentified or unbilled third party deductibles.
By leveraging inference technology and predictive analytics, Paragon can find deductibles even when the data records are incomplete. This low-impact process is an easy way to determine if your organization is identifying all of the deductibles that are due to it and gain valuable insight into how your company compares to its peers.
The result of the DART analysis provides clients with: