Business Intelligence

In response to developments in the asbestos litigation environment and associated requests from our clients, we have developed a robust Business Intelligence (BI) service offering for asbestos exposures.  Our BI services deliver targeted analytics and reporting on specific topics and issues to enhance our clients’ decision-making processes. We leverage industry leading proprietary data that includes our asbestos litigation database and 524(g) asbestos bankruptcy trust offset data. This data supports clients’ decision-making where traditional data sources typically fall short in quality, completeness, and timeliness. PACE provides clients with critical knowledge and unique insights to enable better business decisions on both near-term tactical and long-term strategic time horizons.

Asbestos Litigation Database

PACE’s proprietary Asbestos Litigation Database (ALD) contains information from more than a quarter million asbestos personal injury complaints filed since 1997. ALD enables us to provide reporting and analytics on:

  • All mesothelioma, lung cancer, and other cancer claims filed from 2005 to present
  • Hundreds of thousands of individual plaintiffs
  • Thousands of defendant companies
  • Real-time tracking of asbestos claims filings

PACE can leverage this information to assist clients in developing detailed asbestos claims databases, typically saving client’s significant cost and time in the process. ALD also enables the development of custom intelligence on many other critical aspects of the asbestos litigation to enable enhanced decision-making at the most opportune point in time (e.g., when evaluating settlements, during transaction due diligence, during annual strategic planning, etc.).

Bankruptcy Trust Offset Database

PACE’s proprietary Bankruptcy Trust Offset (BTO) Database contains current information from all the active 524(g) asbestos bankruptcy personal injury trusts including:

  • Complete jobsite history for nearly every claimant in the tort system
  • Access to our proprietary alternative exposure database
  • Approved jobsite and payout data compiled from trust distribution procedures (TDPs) of the asbestos bankruptcy trusts
  • Over 140,000 approved jobsites across 63 U.S. states, U.S. territories and Canadian provinces
  • Up-to-date payment percentages and disease specific payouts

The BTO database enables intelligence on minimum potential bankruptcy trust recoveries for all claimants in the tort system.

BI for Other Mass Tort Exposures

PACE’s professionals also have extensive experience in developing custom client-specific data sets and associated reporting and analytical processes to yield intelligence on other mass tort exposures. These data sets and processes are designed to support management decision processes at client defined intervals (e.g., annual, quarterly, monthly, weekly) or on an ad hoc / on-demand basis.  PACE’s BI services leverage a combination of both industry and custom built software platforms to deliver the optimal solution to each client.