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About Siesko PartnersSiesko Partners is a New York-based insurance and claims services firm offering innovative solutions to the legal and risk management issues faced by policyholders, carriers and other stakeholders in the insurance process. Claim ResolutionFor Carriers, TPAs and Corporate Self-Insureds: We provide strategic consultation on major and complex claims. An independent, outside perspective on both short and long-tail coverage disputes often moves a claim toward an amicable resolution. Our expertise comes from a practical perspective having dealt directly with the challenges faced by claim departments. Large dollar claims divert in-house personnel and consume financial resources at an alarming rate. We offer our dispute resolution strategy as an alternative. For Policyholders: Involving Siesko Partners prior to claim submission or before filing a law suit expedites the resolution of major claims and coverage disputes. When major commercial claims have been denied or if the carrier is limiting coverage through the application of exclusions, we utilize a number of strategies to move the case toward a successful conclusion. An amicable resolution, as opposed to litigation, minimizes exposures and alleviates the strained “policyholder vs. carrier” relationship. For Law Firms: Through a review of the relevant documents, we offer an assessment of how claim departments evaluate a specific litigation strategy. We provide a realistic evaluation of the strengths and weaknesses of coverage positions and determine how the claim will be valued. With this information, we help develop a strategy that provides the ideal resolution at the least cost. As an extension of this service, we often act as an expert witness or trial consultant. Operational AuditingFor Carriers, TPAs and Corporate Self Insureds: We serve our clients through in depth and refined claim department audits. With these audits, we offer strategy recommendations to streamline claim handling, improve service, reduce costs and improve technical excellence. We recommend strategies to close performance gaps optimizing operating models through people, process and technology. For Private Equity Firms: An early and thorough analysis of a target acquisition’s insurance and risk management program must be an integral part of the due diligence process. When our clients acquire an insurance company, our services are expanded to include claim department auditing, and an evaluation of best practices, customer service strategies and IT infrastructure and effectiveness. Policy Drafting and AnalysisFor Carriers: Our team of coverage experts analyzes policies to improve clarity, eliminate ambiguities and update policy forms with the latest tested contractual language. Policies we review are more reliable and make coverage decisions and claim outcomes more predictable. We offer efficiency and a cost effective approach unmatched in the industry. Areas of ExpertiseSiesko Partners consults with clients involving a variety of insurance lines. Our expertise includes but is not limited to: Worker’s Compensation
Special Casualty
Management Liability
Property
Professional Liability
Environmental Liability
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