Vega experts have addressed a wide range of issues affecting the insurance industry including both life and health insurance. Experts in our network have been retained on class actions and claims payments matters. Some example engagements include disputes regarding:

  • Life Insurance: A Vega Expert provided testimony regarding the effect of late payments on life insurance policies. The analysis considered the cost of not having access to life insurance payments for a period after a claim was submitted.
  • Technology Insurance: Vega supported two experts in an arbitration regarding claim payments on extended service plans for mobile phones and other devices. One expert created a statistically valid sample of claims to be audited and extrapolated the audit results to the overall population of claims. Vega also supported the expert who calculated the harm suffered due to the alleged improper actions.
  • Health Insurance Class Action: Vega performed an analysis of terabytes of sensitive medical data in order to develop a damages analysis. As a part of this engagement, a Vega Economics expert gave a presentation to the judge regarding the economics issues in the suit, including the impact of the defendant’s alleged anticompetitive practices and potential procompetitive benefits arising out of a favorable outcome in the litigation.
  • Health Insurance Overbilling: Vega performed an analysis of insurance data to determine whether the insurance provider had been fairly compared with its competitors considering their negotiated reimbursement rates, billing efficiency, and quality of care.
  • RMBS Bond Insurance: A Vega expert provided testimony in a matter involving a monoline insurance company’s claims relating to RMBS. The analysis involved determining the impact of both pool-level and loan-level claims on the insured certificates and recreation of the insurer’s mortgage risk model.

Vega is committed to finding the perfect expert for each case. A few of the academic and industry professionals in our network include:

Daniel Bauer
Hickman-Larson Chair in Actuarial Science and Associate Professor of Risk and Insurance at Wisconsin School of Business, University of Wisconsin-Madison
  • Insurance & Risk
  • Statistical Anlaysis
Farasat Bokhari
Senior Lecturer (Associate Professor) in the School of Economics and Centre for Competition Policy at the University of East Anglia
  • Antitrust & Competition
  • Healthcare & Health Economics
  • Insurance & Risk
Jay Vadiveloo
Professor at the University of Connecticut and Director of the Janet & Mark L Goldenson Center for Actuarial Research at the University of Connecticut
  • Insurance & Risk
  • Statistical Anlaysis
Francis A. Longstaff
Allstate Chair in Insurance and Finance at UCLA Anderson School of Management
  • Accounting
  • Financial Institutions
  • Insurance & Risk
  • Valuation & Damages
Daniel Gottlieb
Assistant Professor of Economics at the Olin Business School at Washington University in St. Louis
  • Antitrust & Competition
  • Insurance & Risk