Verisk Partners with Ametros to Offer Customers Administration Services

Ametros provides post-settlement medical care coordination, support and reporting compliance for individuals who settle insurance claims with future medical liability.

(Image source: Ametros CareGuard promotional video.)

Verisk (Jersey City, N.J.) a global data analytics provider, announced that it has teamed up with Ametros (Wilmington, Mass.), a provider of post-settlement medical administration, to provide its professional administration services to Verisk customers. Ametros is an industry leader in providing post-settlement medical care coordination, support and reporting compliance for individuals who settle insurance claims with future medical liability, according to a Verisk statement.

Rob Lewis, President, Casualty Solutions, Verisk.

Verisk says that its collaboration with Ametros will allow clients to have the best of both worlds: the experience, expertise and trusted support of Verisk, along with best-in-class professional administration from Ametros. As the largest professional administrator in the U.S., Ametros manages $3 billion of post settlement medical allocations on its administrative management platform powered by CareGuard.

The Verisk Medicare compliance team will continue to provide the highest level of service to its professional administration clients as these particular services are transitioned to Ametros, enabling referrals through Verisk or setting up automated referrals within company systems, according to the Verisk statement.

Porter Leslie, CEO, Ametros.

“As a Verisk preferred partner, we are thrilled to be able to extend Ametros’ services to even more individuals,” says Porter Leslie, CEO, Ametros. “We work with all parties involved in a settlement and are excited to work collaboratively with Verisk to provide the best products for the industry.”

Resource to Best Support Customers’ Professional Administration Needs

“After evaluating the marketplace, it is clear that Ametros is the best-in-class product and service for administration of future medical funds,” comments Rob Lewis, Verisk’s president of the casualty solutions group. “We look forward to providing our customers with a resource to best support their professional administration needs.”

Verisk reports that its team plans to facilitating a seamless transition for its current professional administration customers beginning in March 2022.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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