The system is largely based on the contents of your medical records. How the Colossus Program Estimates a Settlement Valueīasically, the system involves the adjuster feeding data into the program and the program spitting back a settlement range. Some general information has leaked out, mainly through former adjusters. Neither the insurance companies that use the system nor the designer of Colossus, Computer Services Corporation (NYSE: CSC), will reveal much, so there isn't much precise information about the system available. (And many other insurance companies use some other form of injury valuation software.) Insurance companies believed to use Colossus include Aetna, Allstate, CNA, Erie, Farmers, Metropolitan, Ohio Casualty, The Hartford, MetLife, Travelers, USAA and Zurich. In other words, the system is used in the very types of cases that you may be handling yourself. Colossus is a software program which is believed to be used by most of the top auto insurance companies to "calculate" the settlement value of minor to moderate car accident injury claims.
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