CT TyMetrix, part of CT, a Wolters Kluwer business and the premier provider of Web-based legal management solutions for corporate law departments and claims organizations, will be part of a key panel on best practices for predictive modeling in claims and litigation management at the Council on Litigation Management conference, being held from March 24-26 in Ponte Vedra Beach, Fla.
Faiz Ahmed, vice president, Insurance, CT TyMetrix, will participate in a panel discussion with Frank M. Zizzamia, Deloitte Consulting, and Syndi O'Brien, Ringler Associates, titled "The Future of Litigation Management with Predictive Modeling." Ahmed will draw on his extensive background in insurance and litigation management to provide unique insights into how claims professionals can effectively utilize predictive modeling tools to significantly improve decision making and workflow efficiencies that will cut costs. He will address the critical importance of leveraging e-billing and matter management systems to enable predictive modeling tools in the most effective manner.
Session attendees will learn how predictive modeling can create a guided decision-making process for claims professionals that allows them to proactively address issues in a claim or lawsuit which positively impact loss value, loss adjustment expenses, duration and proper staffing. During the presentation, illustrations of how predictive modeling has been applied in a claims environment will help explain how predictive modeling can be used to make inferences that create preventative cost containment capabilities while maintaining high levels of accuracy.
Ahmed currently oversees CT TyMetrix's insurance practice and is responsible for leading its growth in this market. Prior to joining the company, Ahmed was a senior member of the insurance and claims practice at Navigant Consulting, where he directed projects and the firm's initiatives related to claims process improvement, claims technology review, litigation management, and marketing and agency relationships. He also has extensive experience in the insurance and litigation management space as co-founder and CEO of VisiBillity, Inc., the industry's first collaborative claims litigation management solution.
WHEN: Session 3B: "The Future of Litigation Management with Predictive Modeling"
Thursday, March 25, 2010
10:40 -11:35 a.m. EST
WHERE: Council on Litigation Management
The Sawgrass Marriott, Ponte Vedra Beach, Fla.
March 24-26, 2010
CONTACT: To schedule a briefing with Faiz Ahmed at the event, contact Jonathan Klein at 212.255.0080, ext. 15, or email@example.com.
About CT TyMetrix
CT TyMetrix, part of CT, is the market leader in Web-based legal management solutions for corporate law departments and claims organizations. It provides clients with quality legal management software - including e-billing, matter management and performance metrics - and the expertise required to reduce costs, improve results and gain the insight required to meet their strategic objectives. CT TyMetrix is based in Hartford, Conn., with business operations in Chicago and London. For more information, please visit www.cttymetrix.com or www.cttymetrix.co.uk.
CT, a Wolters Kluwer business, provides the tools to help legal and financial professionals manage risk on many levels. From managing corporate compliance to legal department performance, trademark protection to matter management and electronic data discovery to preparing cases for litigation, CT has the right solution to meet a host of needs. CT is based in New York. For more information, please visit www.ctlegalsolutions.com.
About Wolters Kluwer
Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer had 2009 annual revenues of €3.4 billion, employs approximately 19,300 people worldwide and maintains operations in over 40 countries across Europe, North America, Asia Pacific and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Visit www.wolterskluwer.com for information about our market positions, customers, brands and organization.