Reinsurance News

Berkshire Hathaway unit looks to AI with CLARA analytics deal

17th January 2020 - Author: Charlie Wood

Berkshire Hathaway Homestate Companies has selected CLARA analytics, a provider of artificial intelligence technology in the commercial insurance space, as it looks to advance its workers’ compensation claims operations.

TechnologyBHHC will integrate the full suite of CLARA products, including CLARA providers, CLARA litigation and CLARA claims as well as its popular Medicare Set-Aside solution.

“AI offers an unprecedented opportunity to improve the entire claims process by analyzing millions of data points — making connections, spotting trends, and developing meaningful insights in a matter of seconds,” said Russ Selinger, Senior Vice President of Claims at BHHC

CLARA products utilise AI and advanced machine learning to deliver insights aimed at helping commercial insurers increase efficiency and make data-driven decisions that substantially improve operations as well as client service.

“BHHC is one of the most respected companies in the insurance landscape, always focused on providing compassionate care to recovering workers and superior service to its customers,” said Gary Hagmueller, Chief Executive Officer of CLARA analytics.

“CLARA will help BHHC further differentiate itself by facilitating and informing the claims process in incredible new ways. Our platform will deliver powerful insights to claims representatives, turning them into instant experts who can handle each claim with precision, respect and empathy at scale.”

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