Sapiens Americas, part of insurtech Sapiens International, has teamed up with CLARA analytics to facilitate workers’ compensation claims with artificial intelligence (AI) technology.
The partnership will integrate CLARA analytics’ predictive analytics tool for workers’ compensation claims with Sapiens CoreSuite for Workers’ Compensation that offers solutions helping firms to adapt to market conditions quickly.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The integration is said to offer a detailed analysis for proactive risk mitigation as well as enhance customers’ processes.
Sapiens president and CEO Roni Al-Dor said: “This strategic alliance will meet the current and future needs of Sapiens’ customers in a transparent and efficient way.
“Carriers can discover new claims insights and understand how these discoveries will positively affect the course of a claim, an employee’s role within an organisation and the insurer’s bottom line.”
Sapiens believes that the integration will “facilitate interventions for loss-time injured workers who are most likely to benefit from them and the ability to simulate the costs and benefits of existing early intervention programmes, under a predictive modelling framework.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataDevelopments at Sapiens
This April, Illinois Mutual Life Insurance chose Sapiens’ life solutions for its digital transformation project to improve the overall client and agent experience.
Earlier this year, Sapiens International collaborated with insurtech Splice Software to automate customer communication process.
