Demotech and Business Insurance Launch Claims Legal Series Conference

The seminar, hosted at the Union Club of The City of New York, focuses on the intersection of litigation financing, social media, and acquisition strategies that have influenced claims processing since 2015. Joseph Petrelli, president and co-founder of Demotech, argues that these tech-enabled methods have created a systemic shift in how settlements are negotiated across all lines of business. His firm, which gained recognition as a nationally recognized statistical rating organization in 2022, intends to present findings that validate earlier research into these evolving industry pressures.

Steve Acunto, publisher of Business Insurance, described the program as a critical examination of the strategies currently challenging risk management professionals. The event targets a diverse audience, including actuaries, chief financial officers, and claims legal counsel, aiming to provide clarity on how artificial intelligence and modern litigation tactics are disrupting traditional insurance models. Registration details for the sessions and the scheduled luncheon will be released in the coming weeks.