CLARA Analytics, a provider of artificial intelligence (AI) technology for casualty insurance claims optimisation, has announced an exclusive partnership with Australian insurance consulting practice, OPEX Consultants, in a significant move to expand its presence in the Asia-Pacific region.
According to CLARA, its cutting-edge AI products have already delivered impressive returns for some of the world’s top insurers, including one of Australia’s largest global providers of general insurance. The platform has facilitated improved return-to-work outcomes, lower loss ratios, and efficient release of regulatory capital for productive purposes by providing intelligent claim guidance.
Through this strategic collaboration, OPEX Consultants will exclusively represent CLARA in Australia and New Zealand, ensuring the sale and adoption of CLARA’s comprehensive range of personal injury claims solutions.
CLARA Analytics offers a suite of solutions, including CLARA Triage, CLARA Litigation, CLARA Treatment, and CLARA Optics, to revolutionise personal injury claims optimisation by providing AI-driven tools for efficient decision-making, amicable settlements, doctor scoring, and streamlined medical records management.
According to KP Karunakaran, the founder and Director of OPEX, their team has witnessed firsthand the transformative potential of CLARA’s AI platform for insurers. The technology allows claim officers to concentrate on critical aspects, guides them to the most suitable doctors for medical claims, and helps insurers avoid costly and unnecessary litigation. The outcome of such capabilities is better results for insured parties and injured workers, expedited claim resolutions, substantially reduced claims costs, and improved reserving accuracy.
OPEX is enthusiastic about advancing their strategic relationship with CLARA and is committed to extending these benefits to insurers across the ANZ region.
For CLARA Analytics, this partnership marks a significant milestone in their mission to cater to customers in the Asia-Pacific region. Heather H. Wilson, the CEO of CLARA, expressed her excitement about the widespread global attention that their technology has garnered, leading to exceptional outcomes for insurers and claimants alike.
The company aims to deliver a win-win solution and is confident in OPEX’s capabilities to effectively introduce these benefits to customers throughout Australia and New Zealand.
