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PracticeLeague - Legal Technology Solutions

Insure your legal department's growth with automated solutions

Industry Challenges

Litigation is one of the biggest challenges for an insurance company. As legal risks are one of the major perils facing an organization, the in-house department have to proactively develop methods to mitigate risks.

Every matter requires attention to detail from managing court dates to tracking legal expenses, updates, IRDA reporting and storing an immense amount of documentation. One of the biggest factors contributing to increasing case volumes are litigations against the insurance carrier over its failure to pay claims. Remembering every detail or depending on core claims management systems and maintaining a traditional calendar for the thin-timed legal work is unreliable and tedious.

The assessment of related claims or matters and tracking of spending against each matter is paramount. So is the compliance with orders and timely reporting to IRDA. One single dashboard giving real-time information of every aspect of their legal progress is a major need of the insurance company's legal department.

Solution

With a deep understanding of the Legal department's responsibilities in the insurance company, PracticeLeague customized and designed the solution to showcase the key areas on their dashboard linking the various information tables and documentations around it. The solution helped them structure their entire litigation management process, without missing a single matter, dates, lawyer invoice, etc. on a secure software, while automating their unique workflow into a better streamlined process.

With large numbers of matters in hand, it is quite difficult to keep up with the information and court dates and status updates from both ends. PracticeLeague' Matter Management software, helped the client in formulating the entire matter lifecycle on a single platform, which helped them see each and every piece of information in one dashboard and allowed them to manage it all in the same solution. This not only helped them save their time but also ensured that they were able to generate accurate and timely reports for updates to the regulatory authority.

Centralized system
Customizable
Time saver

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Case Study

With a deep understanding of the Legal department's responsibilities in the insurance company, PracticeLeague customized and designed the solution to showcase the key areas on their dashboard linking the various information tables and documentations around it. The solution helped them structure their entire litigation management process, without missing a single matter, dates, lawyer invoice, etc. on a secure software, while automating their unique workflow into a better streamlined process.

With large numbers of matters in hand, it is quite difficult to keep up with the information and court dates and status updates from both ends. PracticeLeague' Matter Management software, helped the client in formulating the entire matter lifecycle on a single platform, which helped them see each and every piece of information in one dashboard and allowed them to manage it all in the same solution. This not only helped them save their time but also ensured that they were able to generate accurate and timely reports for updates to the regulatory authority.

Centralized system

Customizable

Time saver

To know how we revolutionized the Pharma Legal Department contact us