Santa Clara, CA – CLARA Analytics recently announced its claims AI platform for general liability claims. The addition of general liability completes CLARA’s casualty lines risk and exposure platform.
CLARA continuously monitors incoming claims data, providing actionable insights that alert adjusters to potentially high-risk claims. The technology aids experienced professionals in optimizing claims outcomes and resolving cases rapidly.
“CLARA’s augmented intelligence consistently delivers outstanding return on investment for insurers and self-insured organizations in the commercial auto liability and workers’ compensation lines,” said company CEO Heather H. Wilson. “We’re excited to solve claims challenges and elevate best practices for general liability carriers, including managing general agents and managing general underwriters, third-party administrators, reinsurers, and self-insured organizations.”
CLARA’s casualty lines AI platform ingests both structured and unstructured claims data, using natural language processing to extract detailed information from claims reports, medical records, and legal correspondence. Tailored specifically for general liability claims, the platform uses machine learning algorithms to identify variables that correlate with litigation, medical escalation, and other outcomes that drive higher costs.
CLARA is leveraging its proven models and applying key learnings to its entire range of products to serve the general liability line of business. They currently focus on workers’ compensation and commercial auto.
Source: CLARA Analytics