CLARA Analytics

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Thinking back to an amazing time at the annual RISE Professionals conference where we sponsored a competitive Pickleball tournament. We love supporting programs like RISE where our missions are aligned to support the next generation of insurance industry talent. RISE supports by providing mentoring and a host of other programs while CLARA supports new talent by building the most advanced #AI platform for claims professionals to enhance their professional lives with claims guidance and intelligence. The next generation of insurance professionals expect to have the best tools possible at work and we are delivering! Congratulations to the the following winners of the tournament! Thank you for participating and "Dinking Responsibly"! 🏆 1st Place: Jessica Lei, Jack Kerpsack 🏆 2nd Place: Paul Kearney, MBA, AIC, AIS, PhD (Conferment Pending), Cody Pavlat 🏆 3rd Place: Sam Sneary, Alex Bliss Thank you Amy S. Cooper, Katerina Garavito and Tori Snoddy for hosting such a great event. See you next year! #claimsmanagement #winningtogether #risinggeneration

"Of further concern is that there is other research out there that indicates that an important cog in the claims management machine — workers’ compensation claims adjusters — are not happy campers." https://lnkd.in/ekBcGk5z

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Eastern Alliance Insurance Group, a wholly-owned subsidiary of ProAssurance, has partnered with CLARA Analytics to optimise insurance claims through the use of AI. Read more here: https://lnkd.in/d6H388UT #Insurance #InsurTech #AI Heather H. Wilson Kevin Shook

“AI will certainly make huge improvements in the sales, underwriting, and distribution areas of the insurance value chain, but claims is where we believe we will see the greatest impact.” Heather H. Wilson Check out this great interview from TDWI where CLARA CEO, Heather Wilson, answers questions on how AI is enhancing traditional analytics. #AI #augmentedintelligence #claimsmanagement https://lnkd.in/esGH9Kri

📢 Breaking News! 📰 Eastern Alliance Insurance Group has selected CLARAty.ai from CLARA Analytics to enhance medical outcomes for injured workers, improve reserve accuracy, and reduce administrative burdens for claims professionals. “CLARA's capability to deliver ROI through their AI platform truly distinguished them from the competition. We foresee considerable operational efficiencies and loss reductions that will create substantial value and reduce the manual workload for our claims professionals.” – Kevin Shook, President at Eastern Alliance Insurance Group CLARAty.ai integrates #predictiveanalytics with advanced #generativeAI, analyzing claims data, medical records, and legal documents to provide actionable recommendations. Eastern Alliance will leverage key solutions like CLARA Optics, CLARA Treatment, and CLARA Triage to manage escalating medical costs and focus on high-severity claims early. "We are honored that Eastern Alliance has chosen CLARA as their preferred claims intelligence platform. This partnership aligns perfectly with our mission to revolutionize claims management." – Heather H. Wilson, CEO at CLARA Analytics. Welcome to the CLARA family Eastern Alliance Insurance Group! We are thrilled to support you in your commitment to deliver superior care, streamline operations, and achieve better outcomes for all stakeholders. Click on the link in comments to read the full press release! #AI #Insurtech #Innovation #ClaimsManagement #Partnership

🔥 Workers' Compensation fraud is heating up! "The Coalition Against Insurance Fraud says that typically 1% to 2% of workers comp claims are fraudulent, and the organization published a report in 2023 that found that up to 16% of comp claims have some elements of fraud, accounting for $9 billion in losses for insurers and employers." (excerpt from Business Insurance's latest article) The rise of #AI should give you a glimmer of hope that the insurance industry can successfully mitigate this growing fraud problem without incurring massive operational costs. CLARA Fraud, our latest offering of #workerscompensation AI models, assists claim professionals with fraud indicators and even summarizes the issues to quick refer a claim with confidence to special investigation teams. Check out the link in comments to learn more about CLARA Fraud! https://lnkd.in/gqU3Rr5e

What's the return on investment? Any carrier considering new insurtech needs the answer to this question. CLARA CEO Heather H. Wilson provides examples of how CLARA delivers ROI throughout the claims lifecycle. 🎥 Video courtesy of InsureTech Connect. #augmentedintelligence #AI #generativeai #claimsmanagement #riskmanagement

CLARA wishes everyone a fantastic July 4th weekend packed with family, friends, food and even fireworks. Our offices will be closed for the holiday, but our #AI never rests. CLARAty.ai will continue to work for our customers through the holiday weekend to optimize their casualty claim outcomes! #fourthofjuly #claimsmanagement #independenceday