Claims & Defendant Data
Analyze historical claims and identify patterns across defendants, products, jobsites, and exposures.
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.
Manage
A complete claims-management solution, from submission to resolution.
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.
Manage
Experienced Negotiators. Practical Strategies. Better Outcomes.
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.
Understand
Turn Complex Litigation Data Into Actionable Intelligence.
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.
Analyze historical claims and identify patterns across defendants, products, jobsites, and exposures.
Evaluate potential recovery from asbestos bankruptcy trusts.
Use sophisticated modeling to identify claims that may warrant different handling strategies.
Combine historical court information with specialized search capabilities to uncover jobsite and product information.
Develop client-specific datasets, reporting, and analytical processes around the issues that matter most.
Protect & Recover
Make Complex Coverage Easier to Understand.
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.
Understand
Quantify Long-Tail Liability With Greater Confidence.
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.
Protect & Recover
When the Financial Story Is Complicated, Get It Right.
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.
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