Case Study: StreamSettle achieves faster, fairer claims settlement with PixelPlex

StreamSettle automates claims settlement with PixelPlex using confidential overlap detection

PixelPlex was engaged by StreamSettle, a US-based project for the insurance industry, to address the outdated and costly process of resolving disputed claims. The client's challenge was to disrupt an industry hampered by exorbitant litigation costs, long claim cycles, and inherent dissatisfaction, and they tasked PixelPlex with determining the feasibility of and then building a novel web platform for claims settlement.

PixelPlex developed a sophisticated web platform that uses advanced encryption algorithms to allow parties to submit confidential offers and demands. The solution automatically detects overlaps in positions to reach a binding settlement without revealing any confidential data, ensuring integrity and disintermediation. The results for all parties included significantly reduced litigation expenses, higher operational efficiency, and the ability to handle more cases, delivering a fair and automated resolution process engineered by PixelPlex.

StreamSettle