Waypoint builds its own anonymous averages from the claims of every organization on the platform and publishes them for you to compare against — days to close, paid severity, litigation rate, recovery rate and frequency.
A fleet snapshot needs at least five organizations that choose to take part, so no organization can be identified. Nothing publishes on its own; averages appear only when Waypoint’s team presses Publish.
Ask these of ours and of every other vendor’s. The pattern of which questions get specific answers is informative on its own.
This is the most honest thing on the page: a young platform does not have a large comparison population, and pretending otherwise would be the easiest number to invent.
Before you ask for the benchmark. If a vendor gives you the comparison without the population, you have learned something about the comparison.