Costs that are caused by a third party and can be recovered after an accident are difficult to identify. This is also the reason why only parts of the recoverable costs are recovered from third parties. But how can you identify these costs? The circumstances of such an event are very determining whether or not it is an accident with the involvement of third parties.
Our data scientists are able to predict which costs are part of a regular accident and which costs are part of an accident with the involvement of third parties. An intuitive selection of signals of possible recoverable costs can lead to over 100.000 possible records with a success rate of just 1%. The follow up of these signals will cost a lot of time and money.
Imagine the profits your company will gain if the selection of records would be a lot smaller and the success rate will rise!