Why Every Claims Team Needs API Access (Even If They're Not Technical)

Comprehensive data compiled from FTC research, industry studies, and current settlement analysis Executive Summary Bottom Line Up Front: Claims administration redemption rates vary dramatically by notice method, settlement type, and execution quality, with email notices achieving only 3% average redemption while optimized notice packets can reach 16%. The most successful
Comprehensive data compiled from multiple research sources on digital payment transformation in settlement administration Executive Summary The transition from paper checks to digital payment rails for settlement payouts represents one of the most significant operational improvements available to legal and insurance administrators today. This comprehensive analysis of 50+ statistics reveals
Comprehensive data compiled from multiple research sources on settlement claim rates, administrative costs, and fund distribution patterns Executive Summary Bottom Line Up Front: Despite record-breaking class action settlements totaling $42 billion in 2024, the vast majority of these funds remain unclaimed by entitled class members, with claim rates averaging just
KYC false-positive rates represent how often identity verification systems incorrectly flag legitimate customers as suspicious. For claims administrators and law firms handling legal disbursements, these false flags create significant operational bottlenecks. High false-positive rates in KYC screenings can increase processing time by up to 30%, driving up costs and delaying