Third Party Deductibles
Paragon offers a wide variety of services to assist carriers with their TPD programs.
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 deductibles. By leveraging inference technology and predictive analytics, Paragon can find deductibles even when the data records are incomplete. This low-impact analysis is an easy way to determine if your organization is identifying all of the deductibles that are due while gaining valuable insight into how your company compares to its peers.