Provide AI-Driven Settlement Recommendations

Determining a fair and consistent settlement amount requires considering policy limits, damage estimates, precedents, and jurisdictional factors. LLMs can analyze these factors, along with historical settlement data for similar claims, to provide adjusters with data-driven settlement range recommendations. This aids negotiation, promotes consistency, and helps optimize payout amounts. An LLM could analyze injury details, treatment costs, and past jury verdicts in a specific venue to recommend a negotiation range for a liability claim.