(Image credit: Carolina García Tavizón/Unsplash.)
Origami Risk, a Chicago-based risk, safety and insurance Software as a Service (SaaS) provider, and CLARA Analytics (Santa Clara, Calif.) a provider of artificial intelligence (AI) technology for commercial insurance claims optimization, announced that they have formed a strategic partnership to make CLARA’s claims solutions available to insurers, managing general agents (MGAs), and self-insured pools using Origami’s multitenant SaaS property/casualty platform.
CLARA’s AI-driven tools and resources for insurance companies, MGAs and self-insurers include analytic solutions to assess commercial claims, provide litigation support, and identify best-in-class medical providers by specialty and geographical location. Origami says that theseAI resources complement the vendor’s suite of claims capabilities currently accessible on its Core Solutions platform.
As a result of the partnership, insurers, MGAs, risk pools, and self-insured organizations will be able to leverage Origami’s automation capabilities along with CLARA’s AI-driven claims optimization functionality to enhance decision-making across their casualty claim portfolio, including assigning appropriate adjusters, and speed resolution of claims without any significant complicating factors, according to an Origami statement.
“As insurers look for new ways to elevate their casualty claims management, CLARA’s innovative AI-driven solutions deliver value by helping reduce costs, speed decision-making and improve outcomes,” comments Chris Bennett, president, Core Solutions, Origami Risk. “Our collaboration with CLARA offers insurers, risk pools and large self-administered plans using our multitenant SaaS P&C platform ready access to robust tools that can have measurable impacts on their performance.”
Improved Decision-Making, Faster Responses
“There’s no question that speed and accuracy in claims management have become critical for insurers to achieve efficiencies, drive results and enhance service,” says Heather Wilson, CEO, CLARA Analytics. “The seamless integration of our tools with Origami’s capabilities will facilitate improved decision-making, faster responses and measurable improvements in casualty claims management and experience.”