▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

CLARA Analytics Expands AI Platform to Combat Bad Faith Claims and Social Inflation

#AI--CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced major enhancements to its Claims DocIntel Pro that ...

Business Wire

Dynamic Medical Summaries and Enhanced Legal Demand Analytics Improve Efficiency and Optimize Outcomes

SUNNYVALE, Calif.: #AI--CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced major enhancements to its Claims DocIntel Pro that directly combat the industry’s mounting losses from bad faith claims and social inflation. The upgraded platform introduces dynamic medical summarization and advanced legal demand analytics designed to help insurers prevent costly nuclear verdicts while accelerating claims processing.

With social inflation driving claim costs up annually, insurers face unprecedented pressure to identify risks early and respond decisively. Claims DocIntel Pro’s new capabilities address these challenges head-on by automatically flagging time-sensitive legal demands, analyzing plaintiff attorney behavior patterns, and delivering AI-generated medical summaries that eliminate manual document review.

“CLARA is pushing the boundaries of innovation to deliver unparalleled value to our customers,” said Heather H. Wilson, CEO of CLARA Analytics. “These new enhancements to Claims DocIntel Pro enable claims professionals to focus on what matters most, providing them with precise, AI-driven insights that enhance efficiency and improve outcomes. The new release goes further than ever in identifying time-sensitive issues and preventing bad faith claims. It also simplifies and accelerates the onboarding process for new employees, getting them to full productivity faster than ever.”

Leveraging generative AI, machine learning, and an industry-leading body of contributory data, CLARA’s advanced AI platform processes thousands of pages automatically, extracting critical insights such as legal risks, medical complexities, and time-sensitive demands. Claims DocIntel Pro generates dynamic case summaries and organizes records into a searchable, chronological timeline, alerting adjusters to important information that requires their attention.

The platform’s dynamic medical summarization provides claims adjusters with four precisely tailored AI-generated summaries: comprehensive initial injury information, detailed ongoing medical care, additional care considerations, and prior injuries or comorbidities. Unlike static, outdated summaries, these laser-focused insights eliminate the need for adjusters to craft complex AI chatbot prompts or navigate extensive documents manually. Designed by CLARA’s subject matter experts, these intelligent summaries deliver consistent, precise and highly relevant actionable information, enabling adjusters of all experience levels to make informed decisions with unprecedented speed.

Built on the CLARAty.ai platform, Claims DocIntel Pro integrates with the company’s complete portfolio of claims management products, offering claims management teams a unified, streamlined experience. This tight integration connects extracted document data to CLARA’s contributory database and machine learning models, offering a holistic view of claim severity, litigation risks, and analytics. This approach sets CLARA apart from competitors who offer fragmented solutions, requiring multiple vendors. Designed for adjusters of all experience levels, Claims DocIntel Pro reduces manual workloads, enhances decisions, prevents costly oversights, and improves efficiency.

“CLARA’s platform is uniquely positioned to deliver a comprehensive claims life cycle solution,” said Mubbin Rabbani, Chief Product Officer at CLARA Analytics. “By combining deep document intelligence with predictive analytics and proactive alerts, we’re helping insurers, third-party administrators (TPAs), and self-insured organizations achieve faster time-to-insights and significantly higher ROI.”

CLARA Analytics will showcase the enhanced Claims DocIntel Pro capabilities at the upcoming Insurtech Insights 2025 conference. CEO Wilson will participate in the panel discussion “Data-Driven Decisions: Revolutionizing Claims with Analytics and Insights,” scheduled for June 4 at 11:10 a.m. on the Orange Stage at the Javits Center in New York. Conference attendees will have the opportunity to learn more about CLARA’s breakthrough AI technology and how it is transforming claims processing to deliver unprecedented value to insurance professionals.

About CLARA Analytics

CLARA Analytics is the leading AI as a service (AIaaS) provider that improves casualty claims outcomes for insurance carriers, MGAs, reinsurers, and self-insured organizations. The company’s platform, CLARAty.ai, applies image recognition, natural language processing, and other AI-based techniques to unlock insights from medical notes, legal demand packages, bills and other documents surrounding a claim. CLARA’s predictive insights give claim professionals augmented intelligence that helps them reduce claim costs and optimize outcomes for the carrier, customer and claimant. CLARA’s customers include companies from the top 25 global insurance carriers to large third-party administrators and self-insured organizations. Founded in 2017, CLARA Analytics is headquartered in California’s Silicon Valley. For more information, visit www.claraanalytics.com, and follow the company on LinkedIn and @CLARAAnalytics.

All brand names and solution names are trademarks or registered trademarks of their respective companies.

Tags: CLARA Analytics, CLARAty.ai, Claims DocIntel Pro, insurtech, claims, claims optimization, claims adjusters, claims managers, artificial intelligence, AI, generative AI, GenAI, machine learning, claims management, bad faith claims, social inflation, nuclear verdicts, predictive analytics, workers compensation, commercial insurance, general liability

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Securonix Acquires ThreatQuotient to Deliver Industry’s Broadest and Deepest…

Today, Securonix, a five-time Leader in the Gartner® Magic Quadrant™ for Security Information and Event Management (SIEM), announced the acquisition of…

Confidential Computing Poised for Explosive Growth as Anjuna Secures Three…

Anjuna, a leader in Confidential Computing and AI Data Fusion Clean Rooms, today announced the addition of a new top five global bank to its growing roster…

PubNub Evolves Its Platform with AI-Native Development, Real-Time Moderation,…

PubNub, the leader in real-time interactive apps, unveiled the next evolution of its platform. It introduces AI-native development, real-time decision…

Glean Raises $150M Series F at $7.2B Valuation to Accelerate Enterprise…

Work AI leader Glean today announced it raised $150 million in Series F financing, bringing its valuation to $7.2 billion. The round was led by Wellington…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!