Source: Fintech Futures
CLARA Analytics, the leading provider of artificial intelligence (AI) technology for commercial insurance claims optimization, and ClaimDeck, the industry’s leading SaaS-based, process-driven litigation management platform, today announced they have formed a strategic partnership to help carriers manage their litigation rates and drive better legal outcomes. Both CLARA and ClaimDeck insurance claims solutions are innovative technology platforms that use claims data to optimize the litigated claims outcome and mitigate rising litigation costs.
CLARA’s AI-driven tools and resources for insurance companies, MGAs and self-insurers include analytic solutions to assess casualty claims, predict and prevent litigation, and identify best-in-class defense attorneys to optimize legal defense strategy. ClaimDeck provides a platform for insurers and defense attorneys to collaborate and a workflow engine to ensure best practices are followed. ClaimDeck captures over 500 categories of data that further contribute to the AI effort and achieve a double-digit percentage reduction in legal and indemnity spend and average case life through process optimization…
Read full article: https://www.fintechfutures.com/techwire/clara-analytics-and-claimdeck-combat-growing-litigation-rates-and-rising-social-inflation/
