Claims Optimization Calculator

    Let’s get started!

    About how many claims did you process in 2024?

    Your best guess is fine! But please make sure to enter a whole number greater than 500.

    How many people on your team process claims?

    Please indicate the number of people that manage claims for your organization today.

    Are analysts committed to claims full time?

    Your Claims Summary

    Where you’re short

    Expected shortfall on claims this year

    Expected monthly shortfall per analyst

    Your savings with Claims CoCaptain

    Your team’s potential annual time savings with Claims CoCaptain

    Time each analyst could save each month for more strategic tasks

    Task

    Your team’s time today (monthly)

    With Claims CoCaptain

    Organizing and preparing claims documents and data

    XX%

    XX%

    Claims CoCaptain uses AI to organize your documents and prepare data for you.

    Preparing and/or reviewing initial claim calculation

    XX%

    XX%

    Claims CoCaptain automates initial calculations to reduce manual effort and room for error.

    Final claim review

    XX%

    XX%

    Claims CoCaptain gives your team more time to spend on the strategic aspects of managing the claim. 

    Negotiating and settling claim

    XX%

    XX%

    Claims CoCaptain gives your team more time to spend on the strategic aspects of managing the claim. 

    Updating voyage P&L

    XX%

    XX%

    Claims CoCaptain automatically updates your P&L in IMOS in real time.

    Time leftover

    XX%

    XX%

    Icon Reduce Operational And Financial Risk

    Do you feel like there’s not enough time for strategic, value-add tasks? You’re not alone. Claims CoCaptain simplifies and automates the tedious and manual components of your claims workflow, freeing time for your analysts to spend on negotiations, claim review, and other more strategic tasks.

    Ready to discuss your results live? Schedule time with our team.

    Based on your top challenges, here’s how IMOS X Claims CoCaptain can streamline and simplify claims management

    Bandwidth to manage the volume of claims

    Claims CoCaptain reduces the manual burden on claims analysts by automating time-consuming tasks like document gathering, initial calculations, and organization. With AI helping to prepare claims, your team can manage higher volumes more efficiently—without sacrificing accuracy.

    Documents and Extractions

    Compiling and comparing documents like SOF, NOR, LOP, etc. 

    CoCaptain integrates with your inbox to source claims data and documents directly, then organizes them with the relevant claim. You can upload any additional documents directly and let CoCaptain automatically review them, surfacing critical details. 

    Claims CoCaptain also enables a quick, side-by-side comparison of multiple SOFs on a single screen, and ties those directly to contract terms and claim calculations.

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    Time needed to review contracts 

    Rather than sorting through lengthy attachments, Claims CoCaptain extracts and surfaces the relevant freight contract clauses directly within the claim workspace. This lets your analysts instantly reference the exact language they need—speeding up decision-making and reducing costly oversights. 

    Claim amount

    Missing time bar deadlines 

    By identifying potential claims even before they are initiated, Claims CoCaptain helps your team get ahead of the clock. It also organizes all your claims in a central workspace and makes it easy to see which claims need to be prioritized so you never miss a time bar again.

    IMOS-X Claims CoCaptain Time Bar Status

    Improving the delta between final settlement and initial claim 

    CoCaptain’s AI-powered claim management solution free analysts from the tedious manual tasks of organizing and reviewing claims documents. This frees them up to spend more time strategically managing the claims outcome, which impacts your bottom line. 

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    Claims analysis and reporting 

    With IMOS X, you can track and analyze all active and historical claims from a customizable dashboard. Claims CoCaptain enables robust analysis of trends, costs, and outcomes—no need to stitch together spreadsheets or manually update BI tools. 

    claim amount

    Claim root cause analysis  

    With centralized data, access to historical documentation, and trend tracking built in, Claims CoCaptain helps teams identify recurring causes of disputes or delays. This allows for more proactive and strategic improvements over time—enabling you to go beyond reactive claims management.

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    Claims forecasting  

    Claims CoCaptain gives managers visibility into active and historical claims to identify trends , enabling better forecasting of potential exposure. 

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    Automating and optimizing claims   

    Claims CoCaptain transforms tedious, manual workflows into faster, smarter processes with the help of AI. By enabling teams to quickly and accurately compile documents, perform calculations, and track claims in one place, it empowers both analysts and leadership to drive better outcomes with less effort. 

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    There’s more to explore on IMOS X Claims CoCaptain

    See how you can start processing claims faster and more accurately than ever before.

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    Ready to see more of what Claims CoCaptain can do?

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    Interested in our on-demand webinar?

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    Wondering how Claims CoCaptain solves top challenges?


    IMOS X Claims CoCaptain

    AI-powered Claims Management assists your team with the tedious tasks of compiling, organizing, and preparing claims so they can focus on strategically managing the claim outcome.

    Icon Data Ingestion

    CoCaptain ingests claim data and documents directly from emails

    Icon Ai Suggestions

    CoCaptain generates suggested claim or updates existing claim and laytime calculation

    Left Arrow Light Blue

    Automated by CoCaptain AI

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    Icon Review Claims

    Claim ready for processing
    Review claim details and calculation

    Icon Negotiate Claim

    Negotiate and settle claim
    P&L automatically updated directly in IMOS

    Left Arrow Dark Blue

    Built on IMOS

    Right Arrow Dark Blue
    Icon Reduce Time

    Reduce time to process

    Automate the most time-consuming and error-prone aspects of claims management so your teams can process claims faster and more accurately.

    Icon Optimize Outcome

    Optimize claim outcome

    Manage all claims data in one integrated workspace, allowing Claims analysts to easily prioritize and spend more time strategically managing the claims.

    Icon Improve Visibility

    Improve claims visibility

    Gain full visibility into both individual claims and the overall claims pipeline, improve financial forecasting, and monitor claims team performance.

    Frequently asked questions on maritime claims management

    How do I know if my current claims process could be more efficient?

    Are document gathering, laytime and demurrage calculations, or disparate tracking tools part of your claims workflow today? Then the answer is yes, there’s a good chance CoCaptain AI can help your team. Use our free maritime claims optimization calculator above to find out exactly where and how you can bring new efficiency and strategic impact to your claims management workflows.

    What parts of my claims process can be optimized with the right freight claims management software solution?

    AI claims management software can automate or streamline a variety of claims-related tasks—including claim document gathering, organizing and preparing initial claim calculations, and much more.

    How can AI support the claims management process?

    One of the biggest ways an AI-powered solution for freight claims automation can streamline the process is through document and data parsing. An AI-powered solution can quickly compile the necessary data for a given claim right from your inbox and IMOS, so that you can spend far less time on information gathering and reconciliation.
    Furthermore, it can rapidly surface key information from documents and contracts, allowing you to quickly reference exact language without adding extra time to the process.

    Can Veson help me automate laytime and demurrage calculations?

    Yes, Veson’s freight and cargo claims management solution can help you automate calculations throughout your claims process. It pulls voyage data—including timestamps, cargo operations, and port call events—directly from your inbox, as well as from the rest of your voyage and operational systems. This eliminates the need to manually gather and reconcile information across emails, spreadsheets, and disparate sources.
    By capturing the relevant data and pre-populating claims calculations, Veson enables users to quickly generate accurate laytime and demurrage statements—not only mitigating the risk of error, but also saving time.

    What will this tool help me understand about my current claims process?

    By using the claims management optimization tool on this page, you’ll gain new perspective on the amount of time your organization is truly spending on claims, and the time you could be getting back for more strategic, high-value tasks. Fill it out to get a better understanding of the top drivers of inefficiency in your claims workflow, and find out where the right solution can help.