Sapiens partners with CLARA Analytics

Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation announced it has entered into an agreement to partner with CLARA analytics, a provider of AI-based products. The company’s offerings improve claims outcomes throughout the lifecycle and reduce various sources of loss-costs in claims handling.

CLARA analytics’ predictive analytics tool for workers’ compensation claims will be paired with Sapiens CoreSuite for Workers’ Compensation to improve customers’ processes and provide access to in-depth analysis for proactive risk mitigation.

The collaboration will help facilitate interventions for loss-time injured workers who are most likely to benefit from them and the ability to simulate the costs and benefits of existing early intervention programs, under a predictive modeling framework.

Sapiens CoreSuite for Workers’ Compensation offers technology solutions that enable companies to quickly adapt to business and market conditions, offering high levels of accuracy and efficiency. The suite provides broad functionality throughout the entire insurance lifecycle for workers’ compensation, via a core suite, as well as policy, claims and intelligence modules.