Sky Analytics and Alan Gray, Inc. Combine Analysis with Audit to Save Insurance Companies Millions of Dollars in Litigation Costs

BOSTON, Jan. 12, 2012 /PRNewswire/ -- Sky Analytics - legal expense analysis solutions, and Alan Gray, Inc. - international insurance claims management and financial services firm, are pleased to announce a strategic partnership. Their combined expertise and technologies will deliver both macro-level oversight and micro, line-by-line audit analysis of legal expenses billed to their insurance carrier clients.

"The power to instantly understand and benchmark millions of dollars of legal expenses comprehensively across all lines of litigation is incredible," stated Michael F. Ceppi, President of Alan Gray, Inc. "Working with Sky Analytics, our clients will easily identify the cost efficiencies of their outside law firms as well as 'flag' specific areas requiring further auditing. Once these areas are identified," Ceppi continued, "our team will implement a strategy to reduce costs, save money and improve efficiencies. Clients will benefit immediately from this partnership."

Legal expense management areas and alerts include:

• Identify excessive billing practices
• Reaffirm the efficacy of currently engaged law firms
• Compare expenses across all current outside counsel
• Benchmark across all law firms in Sky Analytics' proprietary database
• Understand historical spend and trending
• Anticipate future legal spend
• Negotiate invoice and rate reductions directly with outside counsel

"Alan Gray's reputation for client service, customer satisfaction and most importantly, results has made them top in their field and the go-to audit firm for the insurance industry," said Douglas A. Ventola, President of Sky Analytics. "Their prowess in understanding litigation and legal spending in connection with complex insurance matters complements our technical analysis. We're proud to work with them to help clients get new clarity into their legal spend," finished Ventola. 

Sky Analytics' application works in unison with and/or independent of existing ERP, e-billing and matter management systems and will convert all legal expense invoice formats -- paper, PDF, Excel, LEDES -- into easy to read, dynamic reports. In many cases, implementation takes just one week.   

To schedule an interactive demonstration or a one week trial implementation, contact [email protected], call +1 617.830.2124, ext. 802 or complete the online request form at: http://www.skyanalytics.com/contactus.html. 

About Sky Analytics:
Sky Analytics is a Business-to-Business SaaS application that provides General Counsel and senior management with complete clarity into their outside legal spend. Sky Analytics provides a clear picture of legal spend, along with the tools necessary to make efficient and timely decisions to obtain good results and save money.  Sky Analytics delivers unique and 100% agnostic financial reporting for General Counsel, CFOs and senior management. Visit Sky Analytics online: http://www.skyanalytics.com and follow on Twitter https://twitter.com/LawSpendClarity.

About Alan Gray, Inc.:
Alan Gray, Inc. is an international insurance claims management and financial services firm headquartered in Boston, MA. Since 1988, AGI has helped its clients realize significant bottom line savings through its highly experienced technical staff, ability to adapt quickly to situational changes, and commitment to staying current with the latest industry information and advances in technology. Superior claims advisory and audit services are tailored to the specific needs of each client. http://www.alangray.com

SOURCE Sky Analytics