INCREASE THE SPEED AND EFFICIENCY OF THE STRUCTURED SETTLEMENT PROCESS
We provide SLA with your claims personnel, adjuster checklists and advanced technology for 24/7 interactive, on-the-fly customizable quote estimates. This means fast, efficient, strategic quoting for your claims professionals.
SECURE AUDIT-READY, COMPREHENSIVE COMMAND OF ALL STRUCTURED SETTLEMENT TRANSACTIONS
Chronovo provides all transactions a single data system with comprehensive information about the parties and finances, all accessible at the click of a mouse. Our tech staff provides you with self-service reports, also available on a periodic basis.
PROVIDES SIMPLE, GRAPHIC QUOTES TO CREATE CLARITY FOR THE CLAIMANT AND COUNSEL
Our Chronographs include a visual display of the long-term value and the specific financial path of each proposal. In addition, we display and compare life companies and their ratings/profiles for complete transparency and clarity.
FUELS TIME-SENSITIVE, REAL-TIME NEGOTIATIONS
Estimates are completely interactive and based on real-time life company pricing. You can produce an extremely accurate quote with the click of a mouse. This enables you to fold structures into a real-time negotiation process without waiting for a call or email from the broker.
PROVIDES PERIODIC REPORTS ON ALL STRUCTURED SETTLEMENT ACTIVITY AND DATA POINTS
Chronovo’s interactive dashboard displays all structure activity, pending, status and resolutions. Customized monthly reports are generated with various data and analytics to help target and improve outcomes.
Carrier Home Offices Settlement Checklist
Is there a gap between the claimants’ wishes for the amount of the settlement and the value of the claim? Do you have a programmatic approach to ensuring that the claims professional knows/presents structures as an alternative?
Do your claims professionals use our quick, graphic and intuitive platform to show that a structured settlement can be designed to become a college funding plan and/or a retirement plan, as well as circumvent any probate challenges?
Do your claims professionals have a quick, easy way to compare the tax-exempt, cost-free performance of a structured settlement with the risk-based approach of a typical investment plan? Do you know that Chronovo can provide a real-time comparison for your claims professionals in minutes?
If your claims professional knows that the claimant/plaintiff relies on any needs-based benefits like SSI, Medicaid, or AFDC, has he/she clarified to the claimant/plaintiff that a structure does not impact these benefits?
Does the claimant/plaintiff have any possible challenges with creditors from bankruptcy, divorce, or other proceedings? If so, have you told them that the structured settlement will keep these benefits safe from attachment?
If there is a minor involved in the claim or dependent on income from the claim, do the claimant/plaintiff and counsel know that a structured settlement can ensure that the proceeds of the settlement are spent appropriately?
How do Chronovo’s structured settlements increase speed and efficiency for carrier home offices? Contact us for more information.