XClaim: Bringing Innovation and Value to Insurance Claims Litigation

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Transcription:

XClaim: Bringing Innovation and Value to A WEBINAR BROUGHT TO YOU BY: GOWLINGS June 13, 2012 June 13, 2012 PBBI Internal use only

Speaker: Ralph D Angelo, senior counsel Gowlings Sponsor: Gowlings Moderator: Doug Grant, Insurance-Canada.ca Technical Moderator: Joe Golobic, Insurance-Canada.ca June 13, 2012 PBBI Internal use only

Gowlings: Redefining the lawyer-client relationship What if you could combine experienced insurance litigators with powerful claims management software that lets you manage every aspect of your litigation portfolio online... all for a fixed fee? It's possible. June 13, 2012 PBBI Internal use only

Ralph D Angelo, Senior counsel, Gowlings June 13, 2012 PBBI Internal use only

XCLAIM BRINGING INNOVATION AND VALUE TO INSURANCE CLAIM LITIGATION

Insurance Industry Today Highly Competitive Highly Consolidated Striving to Develop Competitive Advantages Promoting Efficiencies / Cost Effectiveness Turn to Innovation to Drive Value 2

Friction Points in Legal Counsel Relationship With Insurers High Cost of Legal Services Counsel Inefficiencies Rewarded Lack of Transparency in Relationship Document Management Challenges Unwillingness To Do Subrogation Recovery Work 3

Other Challenges for Insurance Industry Need for real-time, reliable metrics Compatibility of insurer s IT systems with service provider s IT systems How to Keep Today s Tech Savvy Work Force Engaged 4

The XClaim Initiative History Gowlings Leading the Way 5

XClaim On-Line Portal 6

Defence File Home Page File Listing Page Matter Info Tab Litigation Tab Log Entries Tab Reminders Tab Expenses Tab Documents Tab 7

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Subrogation Recovery File Tailored for Recovery Interest Calculator Post-Judgment Execution 16

Driving Value and File Handling Efficiencies Other XClaim Features Facilitating File Auditing / Monitoring of Legal Counsel Dedicated Insurance Litigation Experienced Staff Real Time Claims Portfolio Data / Metrics is Available 17

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Alternative Fee Structures Traditional and Non-Traditional Billing Methods Phase Billing Capped Legal Fees Hourly Rate Contingency Fee Combination of Above One-Time Photocopying Charge 20

CONTACTS GOWLING LAFLEUR HENDERSON LLP One Main Street West Hamilton, Ontario L8P 4Z5 Louis Frapporti, Partner Ralph D Angelo, Counsel 905-540-3262 905-540-7116 905-523-2505 fax 905-523-2528 fax louis.frapporti@gowlings.com ralph.dangelo@gowlings.com 21

Please submit your questions by writing them in the Question window. Ralph will answer as many as time allows. June 13, 2012 PBBI Internal use only

For your attention June 13, 2012 PBBI Internal use only