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PACE CLAIMS

OUR SOLUTIONS

Insurance Coverage Administration

An important issue for defendants and insurers involved in mass tort litigation is the allocation of defense and indemnity costs to insurance coverage. PACE has been solving complex insurance coverage issues for mass torts since the mid – 1980’s.

YOUR SERVICE PROFESSIONALS

Experienced Professionals.
Better Claim Outcomes.

Manage

Outsourced Claims Administration

A complete claims-management solution, from submission to resolution.

End-to-end claims administration supported by experienced professionals, sophisticated technology, and disciplined quality controls.

PACE provides end-to-end outsourced claims administration for complex mass tort matters. Our team combines deep claims expertise with sophisticated information management, project management, and technology to give clients greater control, visibility, and confidence throughout the claims lifecycle. PACEweb®, our proprietary claims management platform, supports the process from initial submission through resolution, with customizable workflows, queue management, reporting, and data management capabilities. PACE’s quality-control processes are designed to ensure accurate and complete claims data.

Key capabilities

  • Claims intake and data capture
  • Document management
  • Claims processing
  • Quality control
  • Data management and reporting
  • Resolution processing
  • Client reporting
  • Workflow and queue management
  • Technology and systems support

Manage

Claims Handling

Experienced Negotiators. Practical Strategies. Better Outcomes.

Experienced professionals who work directly with counsel, insurers, defendants, and defense teams to develop practical strategies and resolve claims efficiently.

Complex claims require more than processing. They require experience, judgment, relationships, and a clear understanding of the litigation environment. PACE professionals bring extensive experience handling and negotiating mass tort claims, particularly asbestos matters. We work directly with plaintiffs’ counsel when appropriate, or alongside existing defense teams and control groups, depending on the client’s objectives. Our approach is tailored to each client’s strategic and financial goals.

Key capabilities

  • Claim investigation
  • Claim evaluation
  • Negotiation
  • Settlement strategy
  • Litigation support
  • Claim resolution
  • Reserving considerations
  • Policy and cost-share issues

Understand

Asbestos Business Intelligence

Turn Complex Litigation Data Into Actionable Intelligence.

Proprietary data, analytics, and industry knowledge to help clients understand asbestos claims, evaluate exposure, and make informed decisions.

PACE’s proprietary data and analytical tools provide defendants and insurers with insights that can help reduce litigation costs, improve defense strategies, and better understand asbestos exposure. Our proprietary datasets include extensive asbestos litigation information and 524(g) bankruptcy trust offset data. These resources allow clients to evaluate information that may be incomplete, difficult to obtain, or unavailable through traditional sources.

Claims & Defendant Data

Analyze historical claims and identify patterns across defendants, products, jobsites, and exposures.

Bankruptcy Trust Offsets

Evaluate potential recovery from asbestos bankruptcy trusts.

Defense Cost Opportunities

Use sophisticated modeling to identify claims that may warrant different handling strategies.

Exposure Intelligence

Combine historical court information with specialized search capabilities to uncover jobsite and product information.

Custom Analytics

Develop client-specific datasets, reporting, and analytical processes around the issues that matter most.

Protect & Recover

Insurance Coverage Administration

Make Complex Coverage Easier to Understand.

Decades of experience analyzing complex insurance and reinsurance coverage, allocation, settlement structures, and insurance assets.

Insurance coverage can be one of the most valuable and complicated assets associated with a mass tort liability. PACE has been helping clients address complex insurance and reinsurance coverage issues since the mid-1980s. Our professionals analyze policies, claims, allocation scenarios, settlement structures, and potential insurance assets to help clients make informed financial and strategic decisions.

Key capabilities

  • Policy collection and analysis
  • Coverage databases
  • Automated coverage charts
  • Claims databases
  • Allocation modeling
  • Policy exhaustion analysis
  • Coverage settlement modeling
  • Insurance asset valuation
  • Cash-flow analysis
  • Claims allocation administration
  • Historical data reconciliation
  • Expert testimony and litigation support

Understand

Mass Tort Liability Estimation & Advisory

Quantify Long-Tail Liability With Greater Confidence.

Analytical forecasting models, proprietary litigation and claims data, and decades of mass tort experience to help quantify long-tail risk.

Long-tail liabilities can create significant uncertainty for companies, insurers, investors, and financial institutions. PACE helps clients understand, quantify, manage, and mitigate those risks using proprietary litigation and claims data, analytical forecasting models, and decades of mass tort experience. Our professionals have particular depth in asbestos, environmental, and other health-hazard liabilities. Models can incorporate client-specific industry, workforce, exposure, product, liability, demographic, and historical information to create estimates tailored to the organization.

Key capabilities

  • Financial Reserving
  • Insurance Valuation
  • M&A Due Diligence
  • Alternative Risk Transfer
  • Strategic Planning
  • Risk Mitigation

Protect & Recover

Forensic Accounting & Consulting

When the Financial Story Is Complicated, Get It Right.

Financial analysis and forensic accounting expertise for business interruption, property damage, cyber, employee theft, event cancellation, litigation, and other complex losses.

PACE’s forensic accounting professionals bring more than 30 years of experience to complex financial losses, insurance claims, and litigation matters. Our team provides first- and third-party insurance claim preparation, forensic accounting, economic damages analysis, environmental cost analysis, and litigation and expert witness services. PACE helps clients evaluate policies, establish appropriate loss-accounting procedures, prepare credible documentation, quantify losses, and support negotiations and litigation.

Key capabilities

  • Business Interruption & Extra Expense
  • Property Damage
  • Cyber & Data Breach
  • Employee Theft
  • Event Cancellation
  • Environmental Costs
  • Economic Damages
  • Litigation Support
  • Expert Witness Services

Upcoming scheduled Maintenance

This website will be unavailable due to scheduled maintenance from 10:00 p.m. Friday 02/22 through 10:00 p.m. Sunday 02/24. Thank you for your understanding.