Transforming the way organizations deal with the death of a customer.
Probate Predictor™ Technology
Improve tomorrow's results today.
Forte's proprietary Probate Predictor™ Technology gives clients the power to segment their deceased account portfolio to identify their most valuable accounts - probated estates. By identifying that subset of deceased accounts in which the majority of probated estates will be created, clients can fine tune their work standards for these accounts and dramatically improve their recovery performance. Even months before an estate is opened, Probate Predictor can isolate those deceased accounts with the highest probability of having a probated estate.Probate Predictor is the result of more than ten years of exhaustive analysis of the probate process and data from the nation's more than 3,450 probate courts. It was designed using thousands of data elements tested against millions of records in the Probate Finder database.
Probate Predictor gives clients the unique opportunity to look into the future and make insightful decisions about their deceased account portfolio that will directly impact performance. Probate Predictor affords a variety of other benefits, including:
- Increased recoveries: allows users to maximize estate claim filing opportunities and adjust work standards to focus active recovery efforts on those accounts that are the least likely to produce a probated estate.
- Brand protection: by eliminating unnecessary calls to grieving survivors, users can focus on contact with the appropriate estate representatives.
- Reduced fraud: by identifying key account information in a timely manner, opportunities to commit fraud are substantially reduced.
- Reduced costs: by avoiding repeated collection attempts on accounts for which an estate will be opened, users are able to tailor work efforts appropriately to maximize productivity.
- Reduced number of disputed claims: by predicting estate potential before estates are even opened, users of Probate Predictor can reduce the possibility of missing a claim filing period.
- Revised settlement guidelines: with Probate Predictor, clients can confidently increase settlement guidelines on their deceased account inventory, eliminating the premature or unsubstantiated settlement of estate accounts.
