Tag Archives: Chad Karls

The Doctors Company now using Milliman Datalytics-Defense’s innovative AI platform for its claims defense management


Milliman today announced that The Doctors Company has implemented Milliman Datalytics-Defense® as its advanced analytics legal management platform for processing defense cost invoices. The choice of Datalytics-Defense puts The Doctors Company at the forefront of claims defense management, allowing the medical malpractice insurer to collaborate with defense counsel to use best practices for defense strategy through artificial intelligence (AI) and data-driven decisions. Milliman Datalytics-Defense employs powerful data mining algorithms and machine learning to help insurers and self-insureds detect patterns in attorney billing practices, delivering a better understanding of costs and case strategies.

“At The Doctors Company, we are continually looking for innovative ways to harness the data available to us and use it to improve our operations and increase efficiencies,” says Cathy Shutack, Senior Vice President of Claims at The Doctors Company. “With Milliman Datalytics-Defense, we’ve found a way to apply artificial intelligence-based techniques to our vast amounts of data, and use the resulting information to make better data-driven decisions around the claims management process.”

Milliman Datalytics-Defense is designed specifically for the insurance industry and has subject matter expertise built into the technology and reporting. The tool’s predictive analytic engine is fueled by powerful and proprietary data-mining algorithms that convert text-based data into rich and powerful structured data.

“Leading companies recognize the importance of analyzing the data available to them and unlocking its hidden intelligence as a way to effectively manage and mitigate risk,” says Chad C. Karls, principal and consulting actuary with Milliman. “The Doctors Company has a reputation as a forward-thinking organization that understands how a tool like Datalytics-Defense can benefit its members, and I’m looking forward to continuing our work together.”

To learn more about Milliman Datalytics-Defense, click here.





Physicians Insurance teams with Milliman Datalytics-Defense to apply machine learning to claims management strategies

Milliman today announced that Physicians Insurance A Mutual Company has selected Milliman Datalytics-Defense® as its advanced analytics legal management platform for processing defense cost invoices. Milliman Datalytics-Defense employs powerful data-mining algorithms and machine learning to help insurers and self-insureds detect patterns in attorney billing practices, delivering a better understanding of both costs and defense strategies.

“At Physicians Insurance we seek out forward-thinking solutions that provide value to our members,” says John Domeika, Senior Vice President. “With Milliman Datalytics-Defense, we’ve gained an innovative claims handling process that will improve strategies and help us best steward our member resources.”

Milliman Datalytics-Defense is designed specifically for the insurance industry and has subject matter expertise built into the technology and reporting. The tool’s predictive analytic engine is fueled by a powerful and proprietary data-mining algorithm for greater accuracy and the ability to turn text into structured data.

“To manage and mitigate risk effectively today, it’s necessary to employ tools that take advantage of advanced analytics techniques like data mining and machine learning,” says Chad C. Karls, principal and consulting actuary with Milliman. “We look forward to working with Physicians Insurance to help reduce costs and increase transparency in the claims handling process.”

To learn more about Milliman Datalytics-Defense, click here.





BETA Healthcare Group teams with Milliman Datalytics-Defense to develop data-driven defense strategies

Milliman today announced that BETA Healthcare Group has chosen Milliman Datalytics-Defense® as its platform for processing its defense cost invoices. Datalytics employs powerful data mining algorithms to help insurers detect patterns in attorney billing practices, delivering better understanding of both costs and defense strategies.

“It’s BETA’s goal to find innovative strategies to mitigate risk and reduce costs when it comes to managing our business,” says Tom Wander, CEO of BETA Healthcare Group. “Partnering with Milliman Datalytics-Defense helps us make more well-informed, data-driven decisions in our defense strategies, something we believe is essential to remain a leader in the industry.”

Milliman Datalytics-Defense provides real-time, actionable intelligence through responsive reporting dashboards that are built upon a robust data warehouse. The web-based tool is available on a subscription basis and can perform peer comparisons, allowing insurers to credibly benchmark their defense costs. The tool’s predictive analytic engine helps insurers develop best practices of claims defense.

“BETA has a reputation as a forward-thinking organization that knows success in the industry today must include cutting-edge tools such as Datalytics to manage claims effectively and efficiently,” says Chad C. Karls, Milliman principal and consulting actuary. “We look forward to working with BETA to identify claims handling strategies that will benefit not only BETA, but ultimately their members/insureds.”

To learn more about Milliman Datalytics-Defense, click here.





Constellation’s choice of Milliman Datalytics-Defense puts them at the forefront of claims defense management

Milliman today announced that Constellation has chosen Milliman Datalytics-Defense® as its platform for processing its defense cost invoices. Datalytics employs powerful data mining algorithms to help insurers detect patterns in attorney billing practices, delivering better understanding of both costs and defense strategies.

“With Milliman Datalytics-Defense we are excited about being able to extract additional intelligence from our defense cost data in order to assist us in making informed, data-driven decisions in our defense strategies moving forward,” says Steve Lacke, Constellation Chief Operating Officer. “While the MPL industry has experienced an unprecedented drop in frequency since the early 2000s, the cost of defending claims has not gone down commensurately. When we went to market to find a new tool to assist us in managing that cost curve, Datalytics was clearly different, and showed the greatest promise for us.”

Milliman Datalytics-Defense provides real-time, actionable intelligence through responsive reporting dashboards that are built upon a robust data warehouse. The web-based tool is available on a subscription basis and can perform peer comparisons, allowing insurers to credibly benchmark their defense costs. The tool’s predictive analytic engine helps insurers develop best practices of claims defense.

“We look forward to working with Constellation to identify cost-effective claims handling strategies by unlocking the information that is hidden in their defense costs invoices and turning it into actionable data,” says Chad C. Karls, Milliman principal and consulting actuary. “Constellation has a reputation of being forward-thinking and we believe that this move puts them at the forefront of ALAE management—something the entire MPL industry has struggled with for over a decade now.”

To learn more about Milliman Datalytics-Defense, click here.





NORCAL Mutual chooses Milliman Datalytics-Defense® to help improve claims handling with data-driven decision support

Milliman today announced that NORCAL Mutual has chosen Milliman Datalytics-Defense® as its platform for managing its defense costs. Datalytics employs powerful data mining algorithms to help insurers evaluate costs associated with defending claims in order to identify opportunities to improve results.

“We chose Milliman Datalytics-Defense because of its ability to provide an efficient approach to managing defense costs while increasing our ability to turn data into information…,” says Timothy J. Friers, NORCAL Mutual Senior Vice President and Chief Operating Officer. “The tool allows us to gain greater insight into our results and improve our claims defense strategies for the benefit of our insureds.”

Milliman Datalytics-Defense provides real-time, actionable intelligence through responsive reporting dashboards that are built upon a robust data warehouse. The web-based tool is available on a subscription basis and can perform peer comparisons, allowing insurers to credibly benchmark their defense costs. The tool’s predictive analytic engine helps insurers develop best practices of claims defense.

“Milliman Datalytics-Defense uses advanced text mining to unlock information that was previously hidden in defense costs invoices,” says Chad C. Karls, Milliman Principal and Consulting Actuary.

To learn more about Milliman Datalytics-Defense, click here.