NetClaim Announces Strategic Partnerships with Klear.ai and Mobotory Technologies

Will offer artificial intelligence predictive solution at first notice of loss and beyond

NetClaim, a leading software and services solution for insurance claims intake, has announced strategic partnerships with two advanced technology providers: Mobotory Technologies and Klear.ai. In collaboration with these two firms, NetClaim will enhance its industry-leading First Notice collection methods with artificial intelligence (AI) technology to deliver enhanced claim predictions at the first notice of loss (FNOL) intake. The new product offers the industry’s earliest level of decision support, resulting in better predictive abilities for providers and improved outcomes for NetClaim customers.

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“By identifying complex and costly claims at the point of intake, as well as assisting with accurate reserve setting, fraud potential, likelihood of litigation, and more, the new NetClaim service provides immediate value”

By combining Klear.ai and Mobotory AI trained models with NetClaim’s powerful industry data, the partnership offers customers claims intelligence tailored to their business. Specifically, NetClaim will offer granular, real-time insights based on a client’s historical claim data. This gives clients a complete data view and the ability to make smarter business decisions for FNOL tickets. As a result, insurance professionals can speed time to resolution and increase accuracy of recommended outcomes.

“By identifying complex and costly claims at the point of intake, as well as assisting with accurate reserve setting, fraud potential, likelihood of litigation, and more, the new NetClaim service provides immediate value,” said Tierney Toussaint, Vice President, NetClaim. The partnerships aim to deliver incredibly accurate solutions to NetClaim customers including carriers, risk pools, TPAs, and PEOs. “There is burgeoning demand for AI-enhanced recommendations from our customers. We are thrilled to partner with Mobotory and Klear.ai whose AI models will blend exceedingly well with our vast FNOL expertise and data sets for customer success.”

NetClaim handles more than one million FNOL events each year, creating the perfect ecosystem of data for these predictive models. NetClaim’s leading FNOL technology – including its high quality, 99.9 percent accurate system that speeds claims dissemination from hours to minutes – will be combined with solutions from Klear.ai and Mobotory to provide customers insights faster than ever before.

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“Bringing greater predictive intelligence to the claims process is critical for business agility,” said Brijesh Kumar, CEO, 4aiSoft, providers of Klear.ai. “We are excited to help providers obtain better claims outcomes, faster and with greater intelligence by bringing together our leading AI innovation with NetClaim’s deep claims intake experience to help insurers more successfully navigate today’s market conditions.”

Jon Stevenson, CEO of Mobotory said, “We are thrilled to bring clients visibility to the risk of actual costs at first notice of loss, instead of waiting for problematic issues to linger. By teaming Mobotory’s deep AI technology with the NetClaim service and its depth of data, the industry will have tailored early decision support, resulting in more effective claims outcomes and more efficient use of client resources.”

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