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Settlement Administration & Claims Processing

Responsibly managing and equitably distributing settlements

The process for conserving and ultimately distributing settlement funds can vary significantly. Settlements can range from hundreds of claims to hundreds of thousands, and, often, these claims must be distributed across borders. To settle claims effectively, all parties involved need a responsible, accountable, and transparent administrator who can forecast damages, develop advanced distribution algorithms, and develop proprietary technology solutions that can get the job done quickly and efficiently.

We are trusted advisors to fiduciaries responsible for overseeing and preserving funds. Ankura’s recognized experts have designed complex algorithms necessary to distribute a number of complex global settlements.

Offerings

Notice Plan Design & Evaluation
Claims Process Evaluation & Claim Rate Calculations
Claim Form Design
Financial Reporting Structure Design
Assets & Liability Matching & Modeling
Development of Technology Solutions for Complex Claims Processing & Evaluation
Claims Facility Audits
Specialized Medical Claims Audits
Complex Insurance Coverage Modeling
Cy Pres Evaluation & Residual Funds Analysis
Proprietary Technology Solutions

Asbestos Claim Processing

Disbursing $14 Billion in Settlement Funds

Ankura designed and developed a system to support the distribution of a $14 billion asbestos settlement across more than two million claimants. 

The Ankura Difference

Our team brings to bear significant experience—in some cases more than 40 years—with all aspects of settlement administration and developing proprietary technology solutions. Ankura has designed, managed, and overseen the equitable distribution of billions in payments and settlement proceeds to beneficiaries around the world. Our core competencies of forecasting damages associated with mass torts and class actions and building technology solutions add value to our role as settlement administrators.

Let’s Connect

We solve problems by operating as one firm to deliver for our clients. Where others advise, we solve. Where others consult, we partner.

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