CLARA Analytics, known for its AI-driven solutions in claims optimization, has introduced a new product called Intelligence-as-a-Service (IaaS). This innovative tool is designed to offer insurers better control over their claims operations. As the industry faces increasing challenges, including the need for more accurate reserving, social inflation, and complex claims processes, this launch comes at a critical time.
The IaaS product stands out by leveraging CLARA's extensive dataset to provide insurers with actionable insights. The goal is to enable claims leaders to make informed decisions that can lead to improved operational efficiency and enhanced accuracy in claims management.
Insurers today are grappling with a range of obstacles that can complicate the claims process. These include rising costs associated with social inflation and the intricacies involved in evaluating more complex claims. By utilizing IaaS, insurers can potentially mitigate some of these issues through better data analytics and streamlined operations.
This new tool is primarily aimed at claims leaders and decision-makers within insurance companies. By equipping them with more precise data and insights, CLARA hopes to support these professionals in navigating the ever-evolving landscape of commercial insurance.
With the launch of its Intelligence-as-a-Service product, CLARA Analytics is positioning itself as a key player in the transformation of claims management. As insurers continue to adapt to new challenges, the need for effective solutions like IaaS will likely grow.
Original Source: https://fintech.global/2025/09/11/clara-analytics-unveils-claims-intelligence-tool/