Financial Forensics Blog

Lowers Forensics International Launches AI-Powered Small Claims Accounting Service

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  • April 10 2019
  • Lowers Forensics International

LFI-SLU

This new service is powered by StratisTM, the company’s AI-driven modeling software that dramatically reduces the cost and time associated with small business interruption claims accounting for insurance companies. 

April 10, 2019 (Purcellville, VA) – Lowers Forensics International, a global financial forensics firm headquartered in Northern Virginia, announces today, the launch of its small claims accounting service. The service promises to make small work of small claims with the help of the company’s proprietary AI-driven modeling software, StratisTM.

“Insurance companies today are met with a large number of small business interruption claims that can quickly produce a bottleneck, slowing down the claims resolution process and creating frustration for customers — not to mention the costs and staffing requirements it takes to meet such demands,” explains Joe Scarlato, CFE, President of Lowers Forensics International.

Stratis uses artificial intelligence and built-in algorithms to catch red flags and generate accurate calculations that are verified by Lowers Forensics International’s financial forensics experts. The service allows insurance companies to resolve small claims quickly and accurately while controlling and cutting the costs associated with small claims accounting.

“We are proud to deliver a fully customizable, scalable solution that allows our customers to achieve the often-competing goals of mitigating losses, settling claims quickly and fairly, and delivering a positive customer experience,” Scarlato remarks.

Adaptable to any product line and any portfolio, Lowers Forensics says Stratis is the most advanced claims accounting tool available in the market. The service has a starting price of $1,149. Insurance companies are encouraged to visit lowersforensics.com to learn more and get started.

 

About Lowers Forensics International, LLC

Lowers Forensics International offers expertise in insurance claims accounting, litigation support, investigative services, and expert testimony to support organizations worldwide. The company maintains offices across the globe to serve the needs of insurance companies, attorneys, and private and public entities when it comes to transforming complex financial information into clear evidence. For more information about Lowers Forensics International, visit lowersforensics.com.

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