CHICAGO & SANTA CLARA, Calif.–(BUSINESS WIRE)–Origami Risk LLC, the leading software-as-a-service (SaaS) technology company for the risk, security and insurance industry, and CLARA Analytics (“CLARA”), the leading technology provider artificial intelligence (AI) solutions for commercial insurance claims optimization, announced today that they have formed a strategic partnership to make CLARA’s claims solutions available to insurers, managing general agents (MGA) and self-insured pools using Origami’s industry-leading SaaS multi-occupant insurance platform.
CLARA’s AI-powered tools and resources for insurance companies, MGAs and self-insurers include analytical solutions to assess business claims, provide litigation support and identify the best medical providers by specialty and by geographic location. The AI resources complement Origami’s versatile suite of claiming capabilities currently accessible on its Core Solutions platform.
Insurers, MGAs, risk pools and self-insured organizations will be able to take advantage of Origami’s automation capabilities as well as CLARA’s AI-powered claims optimization functionality to improve decision-making across their claims portfolio, including the assignment of appropriate claims adjusters and the prompt resolution of claims. without significant complicating factors.
“As insurers look for new ways to improve their claims management, CLARA’s innovative AI-powered solutions deliver value by helping to reduce costs, accelerate decision-making and improve outcomes” , said Chris Bennett, president, Core Solutions at Origami Risk. “Our collaboration with CLARA gives insurers, risk pools and large self-administered plans using our multi-tenant SaaS P&C platform immediate access to robust tools that can have measurable impacts on their performance.”
“There is no doubt that speed and accuracy in claims handling has become essential for insurers to achieve efficiencies, results and improved service,” said Heather Wilson, CEO of CLARA Analytics. “The seamless integration of our tools with Origami’s capabilities will facilitate better decision-making, faster responses, and measurable improvements in claims handling and experience.”
Additional information on CLARA’s tools now available on Origami’s digital platform can be found by visiting: https://www.origamirisk.com/resources/press-release/origami-risk-and-clara-analytics-team- offer-ai-driven-claims
About CLARA Analytics
CLARA Analytics is the leading AI-as-a-Service (AIaaS) provider that improves claims outcomes for commercial insurers and self-insured organizations. The company’s product suite applies image recognition, natural language processing and other AI-based techniques to unlock information from medical notes, invoices and other documents surrounding a claim. CLARA’s predictive insight empowers claims professionals with “AI superpowers” that help them reduce claims costs and optimize outcomes for the carrier, customer and claimant. CLARA’s clients include companies ranging from the top 25 global insurance companies to large third-party administrators and self-insured organizations. Founded in 2017, CLARA Analytics is headquartered in Silicon Valley, California. For more information, visit www.claraanalytics.com and follow the company on LinkedIn and Twitter.
About Origami Risk – Core Solutions Division
Origami Risk provides integrated SaaS solutions that simplify insurance, risk, and security for insurers, managing general agents (MGAs), program administrators, third-party claims administrators (TPAs), risk pools, brokers and more. Origami Risk provides its highly configurable and fully scalable integrated core insurance system, risk management and security solutions from a secure, multi-tenant platform accessible through a web browser and mobile app. Visit origamirisk.com or contact Origami at [email protected]
All brand names and solution names are trademarks or registered trademarks of their respective companies.
Tags: Origami Risk, CLARA Analytics, commercial insurance, workers compensation, workers compensation, P&C, SaaS, managing general agents, adjusters, insurance, artificial intelligence, AI, insurtech, insuretech, claims, management claims, claims optimization