Crivella Product Helps Manage Gulf Spill Claims

August 17, 2010

Crivella West Incorporated today launched the Crivella West Knowledge Kiosk® BP Claims Central in partnership with several Gulf attorneys. It is a new comprehensive online service for preparing and filing claims for losses resulting from the BP Oil disaster.

The service should speed claims, Crivella said in a release.

According to the BP website, some $347 million has been paid to claimants, or about $3,100 each. However, much larger, more complex claims are expected with total claims expected to reach $50 Billion. Hundreds of lawsuits are expected to be filed. It is not yet known if BP will pay out more than the $5 Billion per year from the $20 Billion fund. This means some claimants may have to wait a long time for recovery and large complex claims will need to be regularly monitored.

Currently, the process of gathering claim information and validating losses for a diverse pool of claim types is burdensome and time consuming. Tracking submissions, initiating follow up calls and meeting deadlines is critical. This will be made more challenging due to the sheer volume of claims and the fact the new victims fund has not released their requirements.

Art Crivella, CEO of Crivella West, said: “We developed this service to help law firms manage the variables that stand in the way of rapid recovery for their clients. We have anticipated and prepared for change so that new requirements can be added easily and the submission process can commence as soon as the Fund is ready to accept claims.”

The Knowledge Kiosk® BP Claims Central is a comprehensive online solution that minimizes the clerical burdens and maximizes counsel’s effectiveness in optimizing recovery for their clients. The system includes an executive dashboard that instantly displays and reports the status of all claimants. Client intake, case evaluations and documentation are supported by automated processes. Deadline tracking and alert systems ensure filing deadline are not missed; an automated correspondence system ensures that communication between counsel, the client and the Fund is instantaneous and keeps all parties effectively in the loop. The standardized submissions package eases the burden for overworked adjusters, laying out all the key issues that need to be addressed.

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