Guidewire (NYSE: GWRE) and CLARA Analytics (“CLARA”), a leading
provider of artificial intelligence (AI) technology for insurance
claims optimization, announced that the new Built by Guidewire
CLARA integration is now available in the Guidewire Marketplace to
ClaimCenter users on Guidewire Cloud.
Leveraging predictive and generative AI, CLARA’s solutions
continuously monitor claims and provide actionable insights to help
reach outcomes beneficial for insurers and insureds alike. CLARA’s
technology follows claims for the whole life cycle, from first
notice of loss to settlement, allowing early intervention.
Leveraging CLARA’s AI-powered technology, the CLARAty.ai
platform integration for ClaimCenter enables claims professionals
to:
- Easily view CLARA’s insights and predictions directly within
the workplan screen in Guidewire ClaimCenter;
- Improve workflow efficiency and reduce manual labor, as claim
data between CLARA and ClaimCenter will sync automatically;
and
- Mitigate claims escalation and reduce claims costs by applying
CLARA’s insights to claims.
CLARA helps adjusters get injured claimants the right care
through its provider scoring tool that identifies doctors
consistently associated with positive outcomes on prior claims. The
technology also helps avoid attorney involvement in claims. If
attorneys do become involved, it provides detailed attorney scores
and replacement alerts to help navigate litigation and potential
settlement.
Built by Guidewire integrations are pre-built and standardized
by Guidewire to speed cloud delivery and maintenance. Leveraging
the Integration Framework for Guidewire Cloud, developers can
implement integrations between InsuranceSuite and third-party apps
using multiple APIs, messaging systems, or protocols with ease.
“The CLARA and Guidewire integration brings two industry
innovators together, creating more value for our shared cloud
customers,” said Heather H. Wilson, Chief Executive Officer, CLARA
Analytics. “Our AI-driven tools and resources help claims
professionals uncover the most critical actions to take on open
claims, delivering real savings to insurers. The AI resources
complement ClaimCenter perfectly on the cloud.”
“We are delighted to further our collaboration with CLARA by
delivering our new Built by Guidewire integration on Guidewire
Cloud,” said Will Murphy, Vice President, Global Technology
Alliances, Guidewire. “The CLARAty.ai platform brings CLARA’s
insights directly into ClaimCenter, improving efficiency and user
experience for adjusters.”
About CLARA Analytics, Inc.
CLARA Analytics is the leading AI as a service (AIaaS) provider
that improves casualty claims outcomes for insurance carriers,
MGAs, reinsurers, and self-insured organizations. The company’s
platform applies image recognition, natural language processing,
and other AI-based techniques to unlock insights from medical
notes, legal demand packages, bills and other documents surrounding
a claim. CLARA’s predictive insight gives claim professionals
augmented intelligence that helps them reduce claim costs and
optimize outcomes for the carrier, customer and claimant. CLARA’s
customers include companies from the top 25 global insurance
carriers to large third-party administrators and self-insured
organizations. Founded in 2017, CLARA Analytics is headquartered in
California’s Silicon Valley. For more information, visit
www.claraanalytics.com, and follow the company on LinkedIn and
@CLARAAnalytics.
About Guidewire PartnerConnect ecosystem and Built by
Guidewire
Guidewire PartnerConnect is designed to help Property and
Casualty (P&C) insurance companies revolutionize their
operations by connecting them with the largest peer network in the
industry. Built by Guidewire apps are standardized integration
solutions pre-built and managed by Guidewire that speed the
delivery and maintenance of common integrations. These integrations
are kept current with the latest product and vendor releases, and
leverage Guidewire's Integration Framework and latest third-party
technologies, designed to fully align with Guidewire Cloud
Standards. Where available, under an optional services agreement,
Guidewire can provision, configure, parameterize, maintain, and
perform annual upgrades of the integrations for customers.
Today, insurers can access over 215 integrations developed for
the Guidewire Marketplace that have been validated for security,
quality, and compatibility. The Guidewire Marketplace comprises an
ecosystem of powerful yet user-friendly solutions that scale for
improved customer experiences.
For more information, please visit the Guidewire
Marketplace.
About Guidewire Software
Guidewire is the platform P&C insurers trust to engage,
innovate, and grow efficiently. We combine digital, core,
analytics, and machine learning to deliver our platform as a cloud
service. More than 540 insurers in 40 countries, from new ventures
to the largest and most complex in the world, run on Guidewire.
As a partner to our customers, we continually evolve to enable
their success. We are proud of our unparalleled implementation
track record, with more than 1,600 successful projects, supported
by the largest R&D team and partner ecosystem in the industry.
Our marketplace provides hundreds of applications that accelerate
integration, localization, and innovation.
For more information, please visit www.guidewire.com and follow
us on X (formerly known as Twitter) and LinkedIn.
NOTE: For information about Guidewire’s
trademarks, visit https://www.guidewire.com/legal-notices.
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version on businesswire.com: https://www.businesswire.com/news/home/20240515216800/en/
Melissa Cobb Senior Public Relations Manager Guidewire Software,
Inc. +1.650.464.1177 mcobb@guidewire.com
Dottie O'Rourke TECHMarket Communications for CLARA Analytics
(650) 344-1260 x102 CLARAteam@techmarket.com
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