Methodical and Transparent.

Fund Allocation

From simple pro rata distribution to economic life value modeling, we have decades of experience designing allocation methods that are as fair as possible to every claimant and address individual requirements of a program.

Fund allocation methods can vary depending on the nature of the injuries, whether they occurred one-time or were ongoing, and ultimately how much money there is to be divided among an established number of claimants. BrownGreer regularly advises administrators and committees in developing appropriate matrices and has also been called upon to develop them on our own.

We have extensive experience designing and working in the following types of programs:

• Per Capita: A total settlement fund is divided equally by all participants.

• Fixed Payment Categories:  A specified Payment amount is paid for each Injury Category, with no adjustments.

• Relative Equity Points System: Dividing a limited fund fairly by allocating a share to a participant that is fair relative to other similarly situated participants with similar injuries and fair for each injury category relative to others.

• Extraordinary Injury Funds: Setting aside a portion of the fund to receive and assess applications for additional shares based in unique consequences not covered in the general compensation methodology.

Additionally, we have regularly handled programs that involve calculations for past and future lost income and medical expenses.

Fund Administration

We efficiently and effectively provide the full breadth of all payment related tasks and responsibilities needed to ensure the successful fulfillment of program payment needs. We can design procedures to calculate award amounts, print, mail and track the status of checks, and in the case of electronic payments, we can coordinate the seamless exchange of program funds through PayPal, Wire, Zelle, Venmo, or ACH transactions.

Additionally, we can provide any ensuing post-payment oversight and follow-up activities, as needed, such as generation of end-of-year informational tax forms, stale check re-issuance, as well as ongoing monitoring and reconciliation of account balances and close-out reports.