Predictive power and efficient operations all in one package
Nodal™ is a web-based predictive modeling and decision-support system used for early claim intervention. It analyzes a wide range of claims data to predict claims that are likely to incur high costs so insurers and self-insurers can optimize management and reduce costs.
What makes Nodal different?
Reduce costs
Reduce claim costs 3% to 10% by automating payment of low-risk claims and improving management of higher-risk claims.
Increase consistency
Budget and reserve with greater confidence thanks to predictive capabilities that enable volatility management.
Easy to deploy
Quickly gain the power of predictive analytics with a solution that is simple to implement and manage.
Optimize efficiency
Maximize the value of senior claims staff by identifying and transferring problematic claims early.
Nodal key features
Text mining
Maximize data value by extracting information from adjuster notes shortly after the claim is reported.
Independent results
No outside service providers have a stake in the outputs, ensuring the objectivity you need to make effective decisions.
Built-in expertise
Deep subject-matter experience with claims operations is designed into the model, providing accurate results without manual intervention.
Actionable output
Nodal shows you exactly which claims to focus on in a format which is intuitive enough for anyone to use.
Rich visualization
Dynamic data visualization helps quickly identify the most important claims and enables effective communication among individuals and departments.
Continuous improvement
Performance reports enable you to analyze the effectiveness of the analyses and improve over time.
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