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Mayfair Group LLC announced it has been awarded a U.S. National Science Foundation (NSF) Small Business Innovation Research (SBIR) grant to conduct research and development (R&D) work to develop an advanced, artificial intelligence (AI) powered guidance system that will transform how litigated insurance claims are managed and resolved. By enhancing the decision-making process with automated, evidence-backed guidance, the system will significantly reduce the time and expense currently required to resolve claims, resulting in quicker payouts to claimants and decreasing the burden of legal costs. The system's innovative approach will assist in identifying critical case information, and supporting claim professionals in making more informed decisions. The project has the potential to improve the overall transparency and reliability of the claims litigation process, engendering greater trust in the insurance system.

R&D funding from the NSF accelerates the translation of results to develop an Intelligent Interactive Guidance System (IIGS) for litigated insurance claims using a novel approach for information extraction from massive unstructured data collections typical in insurance claims and summarization frameworks for presenting the extracted information, enabling a concise yet comprehensive view of complex claims data. The project aims to design a visualization interface that aids understanding and facilitates more informed decision-making. The research applies cutting-edge AI and machine learning techniques to these objectives, expanding past the boundaries of current capabilities in data analytics within the insurance industry.
“NSF accelerates the translation of emerging technologies into transformative new products and services,” said Erwin Gianchandani, NSF Assistant Director for Technology, Innovation and Partnerships. “We take great pride in funding deep-technology startups and small businesses that will shape science and engineering results into meaningful solutions for today and tomorrow.” James Chapman, CEO and Co-Founder of Mayfair Group, said “We are excited to have the support of the National Science Foundation for our research and development work.” Describing the importance of the research, Chapman said “This is an essential step forward in serving the needs of both claimants and insurance companies. Our goal is to drive fairer, faster results in claims litigation that involves hundreds of billions of dollars each year.”

All proposals submitted to the NSF SBIR/STTR program, also known as America’s Seed Fund powered by NSF, undergo a rigorous merit-based review process. Once a small business is awarded a Phase I grant, it becomes eligible to apply for Phase II funding and additional supplements totaling up to $2 million. To get started, startups or entrepreneurs submit a written Project Pitch to see if their technology idea could be a good fit for the program. To learn more about America’s Seed Fund powered by NSF, visit: https://seedfund.nsf.gov/

NSF has several programs that help accelerate the translation of research results to practice and provide pathways for researchers, start-ups, and aspiring entrepreneurs to move their ideas from the laboratory to the market and society. To learn more about how NSF helps unlock future technologies for national and societal impact, visit: https://new.nsf.gov/tip/latest About the U.S. National Science Foundation's Small Business Programs America’s Seed Fund powered by NSF awards more than $200 million annually to startups and small businesses, transforming scientific discovery into products and services with commercial and societal impact. Startups working across almost all areas of science and technology can receive up to $2 million to support research and development, helping de-risk technology for commercial success. America’s Seed Fund is congressionally mandated through the Small Business Innovation Research program. The NSF is an independent federal agency with a budget of about $9.5 billion that supports fundamental research and education across all fields of science and engineering.

About eSumry
eSumry serves the litigation needs of trial lawyers, paralegals, experts, and insurance professionals to quickly analyze, summarize, and utilize essential information locked in mountains of case data to win more cases whether in settlement or trial. Our goal is faster, fairer, and more effective case resolution, saving our customers time and money. In addition to grant funding from the NSF, eSumry is proud to have financial backing from Virginia Venture Partners and other investors.

July 5, 2023 — esumry, provider of deposition analysis software, today announced that it has successfully completed a Type 1 System and Organization Controls 2 (SOC 2) examination for its esumry service as of May 31, 2023. The examination conducted by AssurancePoint, LLC (www.assurancepoint.cpa) found that esumry achieved its service commitments and system requirements as measured by the SOC 2 criteria for Security. The examination concluded with an unqualified (clean) opinion.

SOC 2 reports are attestation reports that examine controls at a service organization relevant to the security, availability, or processing integrity of a system (security, availability, and/or processing integrity categories) or the confidentiality or privacy of the information processed for the user entities (confidentiality or privacy categories). Our SOC 2 report provides users of our services with information regarding the design of our internal controls relevant to the selected SOC 2 criteria. The information presented has been examined by an independent CPA firm.
“Our esumry software is revolutionizing the way legal professionals work with witness deposition testimony, saving them time and money,” said esumry CEO James Chapman. “We built esumry with our customers’ data security needs top of mind to protect privileged and sensitive case information.”
The successful completion of the SOC 2 examination is an example of esumry’s commitment to the security of its customers’ data. esumry intends to continually execute and improve upon its internal controls and to provide consistent assurance to its customers via an annual SOC 2 report.

About esumry
eSumry is a software company focused on serving the litigation needs of the legal and insurance professions. The esumry system is a deposition analysis tool that helps legal professionals and others involved in litigation quickly perform deposition analysis, summarization, and related tasks to drive cases to faster resolution, with a goal to ultimately save its customers time and money.