The Standard expands partnership with EvolutionIQ

Insurance company The Standard has expanded their partnership with EvolutionIQ to leverage the technology company’s AI-powered claims guidance platform across all of its disability insurance products after a successful initial implementation in 2024.

The insurer will be able to advance payments and streamline administration of known-duration claims, assign the right resources to the right claims at the earliest possible point, and utilize tools that synthesize medical information, among other things.

“The Standard is committed to delivering a best-in-class customer experience and we are excited about how this technology amplifies the expertise and empathy of our people as they strive for the best possible outcome for claimants. While our claims experts will continue to make all claims decisions, leveraging AI helps us eliminate manual work, focus claims expertise where it’s most needed and expedite the claims process.” – Jeanne Ryan, vice president of Claims at The Standard.

“The Standard is a growing workplace benefits provider that has made significant investments to ensure their policyholders and claimants receive the very best outcomes along the way. We are proud to be their partner of choice. EvolutionIQ’s rich, data-driven guidance allows The Standard’s examiners to focus on claims where their expertise is most required and foster an optimal outcome for all disability claimants.” – Michael Saltzman, co-founder and co-CEO of EvolutionIQ.