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EMC Insurance Companies Extends Its Relationship with Visibillity, Inc.


CHICAGO -- Visibillity's reporting and business analytics reinforce "performance-based" approach to litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 management

Visibillity, Inc., the leading collaborative litigation management solution provider for the insurance industry, announced today that Des Moines-based EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies.  Insurance Companies (EMC) has reaffirmed its commitment to utilizing best practice litigation management tools by signing a multi-year extension. A Visibillity client since 2002, EMC is not only one of the largest property casualty insurance organizations in Iowa, but one of the 60 largest nationwide.

"EMC found that both Visibillity's solution and its people helped implement desired changes in our approach to claims handling," says Lisa Simonetta, EMC's Vice President - Claims. "EMC places great importance on strengthening and supporting effective relationships with counsel. We wanted not just to streamline our processes and identify costs around litigation management, but also to drive improved decision-making by putting tools in the hands of managers around the company. Visibillity has helped us accomplish this goal by providing a single platform for management and collaboration between our claims professionals, law firm partners, and management."

In addition to providing various benefits in terms of organizing and executing the basics of litigation management, Visibillity continues to assist EMC's Home Office and Field Claims Operations to increasingly manage their relationships with counsel based on outcomes and performance. Through Visibillity's reporting services, EMC has at its fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States.  a variety of information to make strategic decisions about litigation management.

Brady Mallon, EMC's Litigation Management Coordinator, said, "Visibillity allows our employees to make fact-based decisions about which firms can best provide the services we need, and helps them gauge performance objectively over time. Streamlining the billing and budgeting process is, of course, a very important tactical benefit to both EMC and our firms. These tools provide EMC claims managers with objective data to talk to firms about their performance for our company as a whole, and how we can improve it."

Added Visibillity CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Faiz Ahmed, "We thank EMC for its renewed commitment to using Visibillity as part of their claims platform, and we look forward to continuing to deliver value to their organization. From our perspective, this renewal confirms that our focus on collaboration and support for management decision making - a holistic Holistic
A practice of medicine that focuses on the whole patient, and addresses the social, emotional, and spiritual needs of a patient as well as their physical treatment.

Mentioned in: Aromatherapy, Stress Reduction, Traditional Chinese Medicine
 view to litigation management - makes a difference for our clients."

About EMC Insurance

Organized in 1911 to write workers compensation protection in Iowa, EMC Insurance Companies has grown into an organization that provides property, casualty and life insurance products and services throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and writes reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract.  contracts worldwide.

With assets over $2.1 billion, EMC is one of the largest property and casualty entities in Iowa and among the top 60 insurance entities nationwide. In 2002, written premium for the property and casualty and reinsurance companies was more than $1 billion. The company, headquartered in Des Moines, Iowa “Des Moines” redirects here. For other uses, see Des Moines (disambiguation).
Des Moines (pronounced /dɪˈmɔɪn/ in English,
, employs more than 2,200 people.

We partner with independent insurance agents who rely on us for the products, services and expertise our mutual customers seek. EMC serves our agency partners with experience, stability and professionalism professionalism

the upholding by individuals of the principles, laws, ethics and conventions of their profession.
 through local branch and service offices located throughout the country.

Insurance is our business and we intend to stay in it. Approximately 80 percent of the companies' business is commercial lines, with the remaining 20 percent in personal lines.

About Visibillity

Visibillity delivers the Property & Casualty industry's leading collaborative claims and litigation management solution that strengthens the partnership between claims professionals and their law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
. The result is a significant decrease in overall litigation expenses and a dramatically reduced total claim outcome. The company offers a unique suite of Internet-based services that incorporate four key components: Collaboration, Automation, Analysis and Success. This includes: claim assignment, litigation budgeting and planning, electronic invoicing in·voice  
n.
1. A detailed list of goods shipped or services rendered, with an account of all costs; an itemized bill.

2. The goods or services itemized in an invoice.

tr.v.
 and real-time bill-to-budget review. In this way, Visibillity provides a seamless electronic solution for managing litigation. Representative customers include Argonaut Insurance, CNA (Certified NetWare Administrator) See Novell certification.  Insurance, Employers Mutual Casualty Company and Kansas Medical Mutual Insurance Company. For more information, e-mail info@visibillity.com, call 312.616.5900, or visit www.visibillity.com.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 15, 2005
Words:659
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