Klear.ai Featured in Redhand Advisors Webinar Sharing Their Experiences Transforming Claims Administration with Artificial Intelligence
CYPRESS, Calif., April 11, 2022 /PRNewswire/ — Klear.ai, developer of KlearClaims, an Integrated Risk Management (IRM) platform with Native AI, was featured in the RiskTech webinar titled, Transforming Claims Administration with Artificial Intelligence on March 30, 2022.
The webinar interviewed industry experts from Klear.ai as they detailed several practical use cases of native AI transforming workflows and claims administration processes.
As industry analysts have pointed out, Redhand Advisors, “Every business has had to adapt to the changes resulting from the pandemic, including organizations that handle workers’ compensation claims. Many organizations have moved to a hybrid work environment, which has resulted in upgrading their technology to adapt.”
Artificial intelligence has been identified as a very promising solution to many of these disruptive challenges.
Key points discussed during the webinar included:
- How to best use AI to help with the current complaints system
- Learn about the different AI analytics tools that can help you understand your data
- Why ignoring your data can hurt your business decision-making
- How AI models can fit into your current workflow
- What your data can reveal to improve your complaints administration process
- How AI-powered analytics can resonate with current and new essential workers
- Why AI and automation are ready for “contactless” claims handling
- Applying AI Automation to Streamline Claims Process Efficiency
The Klear.ai team was joined by an insurtech and insurance industry veteran Randy Wheeler, Klear.ai Advisory Board Member and Founder of Valley Oak Systems. “We were thrilled to share the stage with respected industry veterans like Patrick O’Neill and David Tweedy to discuss the profound impact of artificial intelligence on insurance and more specifically on claims management,” he said.
The webinar featured a wide range of technical and business examples with practical use cases of AI helping claims administrators with key activities including vendor, nurse case, expert claims, audit and settlement recommendation. In one example, Klear.ai helped a medium-sized third-party administrator save $10.5 million in the annual cost of its workers’ compensation program using artificial intelligence, which accounts for nearly 10% of its total claims cost.
“With our unique approach using native AI and machine learning, we are at the forefront of helping companies modernize and streamline their claims administration processes. Soon all major RMIS companies and Claims will leverage these very powerful tools to address stubborn industry challenges.” mentioned Brijesh KumarCEO of Klear.ai.
Watch the full webinar on Klear.ai and Risktech here For a limited time.
Klear.ai’s modern and secure SaaS platform is built from the ground up with native artificial intelligence and intelligent role-based automation to meet the needs of the P&C insurance market. Klear.ai’s robust and easy-to-use claims management takes full advantage of Business Intelligence and AI-powered predictive analytics, all supported by intelligent automation and auditing.
Press & Media Contact [Klear.ai]
Phone: +1 (714)-503-0192
E-mail: [email protected]