Anthony R. O’Donnell // October 31, 2023
(Image source: Carpe Data ClaimsX Ultra webpage.)
Carpe Data, the next-generation online data provider for insurers, has announced ClaimsX Ultra, a new AI-assisted fraud detection system that builds on ClaimsX’s original claim monitoring technology. ClaimsX Ultra automates customer data collection and analysis, eliminating manual processes and filling in missing information gaps; it employs AI to detect early fraud indicators, avoiding late discoveries; and uses advanced algorithms to manage vendor risk and determine connections between involved parties, according to a statement from Carpe Data. This automation streamlines claim processing, significantly reducing