ISO to Acquire Claims Outcome Advisor

Insurance Services Office has entered into an agreement with Computer Sciences Corp. based in El Segundo, Calif. And Mynd Corp., based in Columbia, S.C., to acquire Claims Outcome Advisor, a bodily-injury claims-management system. The terms of the transaction were not disclosed.

With customers in the United States, the United Kingdom and Australia, COA provides information on workers compensation and other bodily-injury claims. The company provides information on 12,700 medical conditions, including injuries, treatments, complications and preexisting conditions, and 14,000 occupations.

COA helps claims adjusters manage the unique and complex medical, legal and occupational issues presented by bodily-injury claims, and helps determine the most favorable financial outcome.

Claims specialists can request detailed return-to-work plans that cover a wide range of circumstances, including full and graduated return to pre-injury occupations, or return to work in different jobs with comparable skill levels.

Topics Mergers & Acquisitions Claims