Building Nuvo Claims Inc: From Idea to Impact

Why We Started Nuvo Claims

Class action settlements have often relied on outdated, manual management, or insecure online processes. Claimant information has been gathered through mailed paper forms, tracked using spreadsheets, and stored in ways that made access, security, and organization a constant challenge. It was slow, resource-draining, and far from user-friendly.

We saw firsthand how much time and effort firms were spending on tasks that could be automated—and how frustrating the process was for claimants trying to follow up on the status of their claims.

That’s why we founded Nuvo Claims.

We set out to modernize the way claims are collected, processed, and paid out—reducing the administrative burden on law firms while giving claimants a secure, easy-to-use digital experience. 

  • Giving claimants a better understanding of their claim

  • Limiting the potential for fraud

  • Prioritizing data security

The New Standard in Securities Class Action Administration. Smarter. Faster. More Secure

Securities class actions require a precise blend of legal sensitivity, financial accuracy, and secure digital processing. Nuvo Claims was purpose-built for this. Our platform streamlines the entire claims administration process - saving time, improving accuracy, and protecting personal data with strong security protocols.

picture of a padlock

Security

At Nuvo Claims, data security is our top priority. We are SOC 2 compliant, meeting the rigorous standards trusted by top law firms and institutions. 

We also apply HIPAA-level protections, going beyond typical financial data protocols to safeguard even the most sensitive claimant information with the same care used in the healthcare industry. It’s imperative that our claimants feel safe sharing their sensitive data with us.

And we are protecting our law partners as well. To protect the integrity of every claim, we’ve built in robust fraud prevention measures, including biometric and ID verification that eliminate fake or duplicate submissions.

User-Centered Design

Every aspect of Nuvo Claims is built with the end user in mind. 

Our custom claims portals are responsive, multilingual, and fully secure, ensuring accessibility for a wide range of claimants; and we offer support to those who require a little more help navigating the platform. 

With real-time dashboards, both law firms and claimants have full data transparency—making it easy to track the status of a claim, access key information and easily receive and deliver final reports to provide to the court.

We also prioritize clear, timely communication through a multitude of channels, keeping claimants informed every step of the way.

A hand holding a clock that looks like a coin

Saving Firms Time and Money

By automating and streamlining the claims process, our technology-driven platform significantly reduces administrative overhead—letting the lawyers focus on winning their cases - getting justice for their clients. With our costs being lower than our competitors - by automating processes and communications - we are able to reduce fees to the settlement trust, thereby increasing payouts to claimants. 

When the time comes for distribution of funds, we leverage the latest fintech tools to allow claimants to accept their payouts wherever they are in the world.  No more signing cheques and licking stamps!

We Can Prove It!

ReconAfrica Class Action

Abstract image of blocks

When law firm Berger Montague needed a trusted partner to administer the ReconAfrica securities class action, they chose Nuvo Claims Inc. 

For ReconAfrica, Nuvo Claims successfully administered a $5 million class action settlement—demonstrating the power of our technology-first approach.

We verified 3,600 claimants using digital ID verification, resulting in a 0% fraud rate and a process that was both secure and seamless. The entire administration was completed 20% faster than traditional methods, and at ~40% lower cost, delivering exceptional value to the law firm and while ensuring the maximum amount of money for successful claimants.

With SOC 2 compliance and HIPAA-grade data protection, we ensured 100% data security throughout. This case confirmed what we set out to prove: digital administration isn’t just possible—it’s better.

As Albert Pelletier, CEO of Berger Montague Canada said “Nuvo has advanced systems and tools that saved us significant time and the class substantial money. Faster and larger disbursements to class members is an easy sell.”

 

Ready to save time and money? Let’s talk.

Who We Work With

We partner with organizations leading complex, high-stakes class actions, including:

  • Securities Class Counsel

  • Institutional Investors

  • Public Interest Law Firms

  • Claims Oversight Committees

  • Litigation Funders

Reach Out

If you’re managing a complex securities class action or exploring a more efficient, secure claims administration partner, we’re here to help.  Let’s connect to discuss how Nuvo Claims can streamline your process, reduce costs, and deliver better outcomes for all stakeholders.

Contact Us