CLARA Analytics News

Business News: Clara Analytics, Legion Claims Solutions, Duck Creek Technologies

Clara Analytics Hires CEO Clara Analytics, a data analytics provider to the commercial insurance industry, has appointed Gary Hagmueller as chief executive officer as the founder of the company steps down from the helm to take over the role of …

Business News: Cove, Clara Analytics, Glovebox, HomeConnect

Greenlight Bets on Cove to Simplify Insurance Purchases Greenlight Re Innovations, a division of Greenlight Re, a specialist property and casualty reinsurer headquartered in the Cayman Islands, announced that it has invested in Cove Ltd, managing general agent based in …

AI in Claims Operations: Lessons Culled from the Early Innings

While there are many different segments of the commercial insurance industry, they often share a similar story. From my vantage point, the workers’ compensation system was designed to help both injured workers and employers by guaranteeing care and compensation for …

InsurTech Strikes: How AI and Machine Learning Are Redefining the Insurance Industry

The insurance industry has operated with great consistency and clear processes for many years. People may not always like or agree with how things work, but nearly everyone from the consumer to the provider essentially goes with it — no …

White Paper Reveals Impact of Attorney Involvement on Workers’ Comp Claim Costs

Injured workers who hire attorneys to handle their workers’ comp claims tend to stay on temporary disability longer, according to a newly released white paper by CLARA Analytics, an artificial intelligence and data science company that specializes in machine learning …

Business News: Sedgwick, Verisk, CLARA Analytics

Sedgwick has finalized the purchase of global loss adjusting, claims management and risk solutions firm Cunningham Lindsey and its subsidiaries. The combined organization—including the subsidiaries of Sedgwick, Vericlaim and Cunningham Lindsey, with select exceptions—will move toward operating globally under the …

How Every Jurisdiction Can Benefit From an Outcomes-Based Approach

Throughout this series, I have stressed the importance of connecting workers’ comp patients with great doctors at their time of need and how this results in an average of a 10 percent reduction in claims costs. I’ve also talked about …

When It Comes to Workers’ Comp, You Can Have the Best of Both Worlds

I kicked off this series by detailing my argument for why physician quality is the single most important aspect of a claim — efficient and effective care is far more impactful than discounted care. Now, I want to expand on …

Business News: NORCAL Mutual, CLARA Analytics, PURE

NORCAL Mutual Expands MPLI Offerings to Tennessee NORCAL Mutual Insurance Company announced that it is now offering coverage to health care professionals in Tennessee. This is the latest in NORCAL’s national expansion, which now reaches 39 states, including the District …

In Workers’ Comp, It’s Quality Not Quantity That Matters

Is this claimant supposed to be off work? Did I get enough discount on the services? Were those services even necessary? I would argue that the question everyone should be asking instead is: Who is your doctor? After all, the …