Amerisure Builds Claims Severity Platform with CLARA Analytics

Editor’s note: This story is the first in a series of case studies based on Novarica’s Impact Awards.

Identifying which claims are likely to prove more severe can make a serious impact on a workers’ compensation carrier’s results. With that opportunity in mind, Amerisure (Farmington Hills, Mich.) undertook an initiative to build a platform for applying predictive analytics to claim severity using CLARA Analytics’ (Santa Clara, Ca) technology. The results, as recognized by Novarica’s Impact Award, included saving $3.3 million in the first six months during 2020 on claims losses and expenses, with an overall expected savings of $4.5 million during

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