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Casentric, LLC

CaseXpert(TM) optimizes the timing of and amounts paid by property and casualty insurance carriers to settle personal injury claims.

  • Stage Prototype Ready
  • Industry Financial Services
  • Location Cleveland, OH, USA
  • Currency USD
  • Founded April 2010
  • Employees 2
  • Website casentric.com

Company Summary

Property and casualty insurance (P&C) carriers spend annually $150BN on personal injury claims, but are unable to reduce this amount. CaseXpert™ , a web-based application that we’re developing, enables users to directly tie all information obtained in a case to the case’s ultimate settlement value. We estimate that CaseXpert™ will produce 3% annual savings for P&C carriers, the equivalent of $10MM for an average sized carrier.

Team

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    Jim Kaiser
    CEO

    Jim Kaiser, CEO, has extensive knowledge of the claims insurance business, with 22 years in operations, process and technology roles at Progressive Casualty Insurance Company. Jim has many contacts in the industry. His deep industry knowledge gives Casentric a significant advantage over competitors. B.A. (St. Joseph’s University).

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    Steve Washington
    COO

    Steve Washington, COO, is a senior M&A/securities lawyer with experience in insurance, investor relations, law and government. He has previously worked at a startup insurance-related business, Jones Day (Cleveland), and Debevoise & Plimpton (NYC). B.A. (University of Wisconsin—Madison), M.P.A. (Columbia University) and J.D. (Benjamin N. Cardozo School of Law, Yeshiva University).

Advisors

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    Eric Highman, Fay Sharpe
    Lawyer
    Unconfirmed
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    None
    Accountant
    Unconfirmed

Previous Investors

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    None, other than the founders
    Unconfirmed