CLARA Analytics launched

Claims intelligence platform CLARA Analytics announced the launch of its platform which according to the press release “empowers users with insights from across their traditional core systems to provide the information they need, when they need it, to resolve claims with unprecedented operational efficiency and for lower costs.”

Founded in 2016, CLARA’s product suite applies image recognition, natural language processing, and other AI-based techniques to unlock insights from medical notes, bills and other documents surrounding a claim. Some of its clients include Berkshire Hathaway Homestate Companies, AmTrust, Amerisure, QBE, and Amazon. CLARA Analytics recently raised $24 million in Series C funding, bringing its total funding to $60 million.

“ eliminates data silos that currently exist to make the most valuable information and insights from across the claims ecosystem actionable. By adding an intelligence layer to core admin systems, everything claims professionals need is accessible. They no longer have to work with multiple systems nor contend with cognitive overload from having too much information coming at them. The platform synthesizes data to enable both predictive and generative AI insights that claims professionals can use to do their jobs better, faster and easier.” – CLARA Analytics CEO Heather H. Wilson.

“ is a game-changer for us. We’ve been using CLARA’s AI products for several years with success, but moving to a claims guidance platform will give our claims professionals an intuitive intelligence layer that will assist them across the claim life cycle. Beyond ease of use, will surface nuggets of information from different systems to improve claim outcomes. It will give our adjusters a complete picture of the claim unlike anything they’ve had before.” – Amerisure Insurance Chief Service Officer Steve Donnelly.

“As the insurtech market matures, particularly in terms of the way companies use AI, I expect we will see a shift, moving away from point solutions. It will be beneficial to insurance companies as new capabilities and features will inevitably come to market, driving further operational efficiencies.” – Patrick O’Neill, founder and president of Redhand Advisors.