PriyaPatel
TLDR:
- IAT Insurance Group partners with CLARA Analytics to implement Claims DocIntel Pro platform
- The partnership aims to streamline auto and general liability claims processes, reduce costs, and eliminate errors
IAT Insurance Group, a specialty property and casualty insurance carrier, has selected CLARA Analytics to implement its Claims Document Intelligence Pro (Claims DocIntel Pro) platform. The partnership focuses on enhancing efficiency, reducing costs, and eliminating potential errors in the processing of auto and general liability claims. By leveraging Claims DocIntel Pro, IAT aims to expedite claims management and minimize the risk of oversights. The platform, powered by generative AI models and proprietary technology, helps adjusters identify critical elements and generate comprehensive summaries, treatment timelines, and risk assessments. Claims DocIntel Pro is specifically designed to handle complex legal demands and medical records, particularly in auto and general liability claims, which are often costly to manage. The platform significantly reduces processing time, potentially saving millions of dollars by surfacing vital information earlier in the claims process.
Heather H. Wilson, CEO of CLARA Analytics, highlights the significance of generative AI in claims processing, emphasizing how Claims DocIntel Pro can benefit adjusters and the bottom line. Trent Haas, EVP and Chief Claims Officer at IAT Insurance Group, acknowledges the promise of generative AI but stresses the importance of applying it correctly to address compliance nuances. IAT looks forward to the time savings and claim insights from Claims DocIntel Pro, anticipating improvements in the claims process for adjusters and customers alike.
