ClaimScore

ClaimScore is a revolutionary data-driven backend fraud analysis solution for class action claims. It utilizes bank level, data-driven, and backend analyses to address the claim fraud problem in class action settlements. With its proprietary expert system AI, advanced cloud architecture, and neural network machine learning, ClaimScore offers a highly accurate and efficient fraud detection system. The scoring system is designed to provide a detailed analysis of claims, ensuring that even the most sophisticated fraud attacks are detected. The combination of these technologies allows for a level of accuracy that exceeds human potential. One of the key benefits of ClaimScore is its ability to improve the accuracy of fraud detection by a significant margin. Even a 3% improvement in accuracy can result in substantial savings, preventing millions of dollars from falling into the hands of fraudulent actors and enabling larger payouts to valid class members. Additionally, ClaimScore's advanced AI technology enables it to review claims in a matter of milliseconds, achieving speeds of 100s of thousands of claims per hour. This not only saves time but also ensures that claims are processed quickly and efficiently. ClaimScore also offers a range of solutions to meet the diverse needs of class action administrators. These include real-time claim validation, retroactive claim review, mid-case consultation, and a scoring system. The real-time validation feature allows ClaimScore to be connected directly to the admin's claim form, with results sent directly to the claim management system. This ensures that claims are processed and validated in real time, providing immediate feedback and reducing the risk of fraud. The retroactive claim review option enables bulk review of claims during or after the claims period, allowing for a comprehensive assessment of past claims. The mid-case consultation feature provides aggregated findings that can help administrators make informed decisions about the case. Overall, ClaimScore is a powerful tool that offers significant benefits to class action administrators. Its advanced technology, accurate fraud detection, and efficient processing capabilities make it an essential solution for addressing the growing problem of claim fraud in class action settlements.