Services
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
Our Latest Thinking
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.
