(Image credit: Gerd Altmann.)
CLARA Analytics (Santa Clara, Calif.), a provider of artificial intelligence (AI)-driven workers’ compensation claims management tools, has announced that it has forged partnership with Unqork, an enterprise no-code platform, to bring CLARA’s predictive AI analytics to enterprise risk managers and insurance carriers through risk management software built on Unqork’s no-code platform.
The combination of the technologies will allow risk professionals to analyze and uncover key drivers of claim complexity and enable them to proactively undertake loss prevention and other mitigation initiatives to minimize their claims exposure, whether their claims are administered internally, by a third party, or directly by an insurance carrier, according to a CLARA statement.
“Legacy, laborious code-based methods have left IT departments unable to deliver state-of-the-art risk management data and visualizations to chief risk officers and their teams,” comments Farooq Sheikh, Unqork’s Insurance Go to Market Lead. “Unqork allows carriers to develop mission-critical software without writing a single line of code. We are excited to partner with CLARA Analytics, enabling carriers and self-insured companies to develop a comprehensive risk management information suite and ultimately add value for all their stakeholders.”
New Level of Insight
“Our partnership with Unqork is very exciting,” says Tom Warden, Chief Insurance and Science Officer, CLARA Analytics. “We are looking to broaden the range of customers we serve, and Unqork has already established its no-code platform inside many companies that self-insure for workers’ comp. As Unqork increases its focus on risk management tools for its clients, we will bring a level of insight to their claims portfolios that they’ve always wanted but couldn’t get. Our partnership with Unqork is truly a winning proposition for everyone.”