Insurance / P&C Insurance Tech

Best Claims Analytics Software Companies

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What is Claims Analytics Software?

The claims analytics software market enables insurance companies to automate claims adjuster workflows and derive insights from claims data. These solutions may leverage data analytics, generative AI, robotic process automation, statistical modeling, and machine learning techniques to help insurers gain a deeper understanding of their claims processes, improve decision-making, and optimize claims adjustment processes. By using these solutions, insurance companies can potentially identify and manage costly claims more quickly.

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Top Claims Analytics Software Companies

UiPath logo
UiPath

United States / Founded Year: 2005

UiPath specializes in business transformation and robotic process automation across various industries. Its main offerings include an automation platform that integrates AI to optimize workflows. UiPath's solutions serve sectors such as healthcare, banking, financial services, insurance, public sector, telecom, and manufacturing. It was founded in 2005 and is based in New York, New York.

Known Partners

Westcon-Comstor, Snowflake, Indev, and 2 more

Known Customers

Systems, Cathay, Coronis Health, and 2 more

Appian logo
Appian

United States / Founded Year: 0000

Appian (APPN) is a software company that specializes in process automation across various business sectors. The company offers a platform that enables the design, automation, and optimization of business processes, integrating technologies such as low-code development, artificial intelligence, and data management. Appian's solutions cater to industries including financial services, insurance, the public sector, life sciences, and supply chain management. It was founded in 1999 and is based in McLean, Virginia.

Known Partners

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Known Customers

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Cotality logo
Cotality

United States / Founded Year: 0000

Cotality provides property data analytics and insights across various sectors within the property ecosystem. The company offers services including real estate market insights, insurance claims estimation, climate risk analytics, and property valuation tools for industry professionals. Cotality serves sectors such as banking and lending, property insurance, residential real estate, restoration, government, telecommunications, higher education, and retail. Cotality was formerly known as CoreLogic. It was founded in 1997 and is based in Irvine, California.

Known Partners

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Known Customers

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Key People

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CLARA Analytics logo
CLARA Analytics

United States / Founded Year: 0000

CLARA Analytics operates in the insurance sector, focusing on claims management. The company provides machine learning products that assist in claims processing by analyzing medical notes, bills, and other claim-related documents. It was founded in 2017 and is based in Sunnyvale, California.

Known Partners

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Known Customers

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Key People

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Palantir logo
Palantir

United States / Founded Year: 0000

Palantir specializes in data integration and analysis. The company offers software solutions for organizations to integrate and analyze their data. Palantir serves the national security, healthcare, energy, finance, and manufacturing sectors. It was founded in 2003 and is based in Denver, Colorado.

Known Partners

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Known Customers

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Verisk logo
Verisk

United States / Founded Year: 0000

Verisk operates as a partner to the global insurance industry, specializing in data analytics and technology. The company provides solutions that include underwriting and rating, claims management, and risk assessment tools. Verisk's services address various sectors within the insurance industry, including property and casualty, life and annuities, and specialty markets. It was founded in 1971 and is based in Jersey City, New Jersey.

Known Partners

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Known Customers

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Gradient AI logo
Gradient AI

United States / Founded Year: 0000

Gradient AI specializes in artificial intelligence solutions for the insurance sector. The company offers a software-as-a-service platform that utilizes AI to enhance underwriting results, minimize claim costs, and boost operational efficiency. Gradient AI primarily serves the insurance industry, including carriers, MGAs, TPAs, and other related entities. It was formerly known as Milliman - Gradient A.I. It was founded in 2012 and is based in Boston, Massachusetts.

Known Partners

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Known Customers

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Key People

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Creatio logo
Creatio

United States / Founded Year: 0000

Creatio specializes in no-code platforms and customer relationship management (CRM) in the technology sector. It offers a platform that allows users to automate workflows and build applications without needing to write code, as well as CRM applications for marketing, sales, and service. It primarily serves industries such as banking, insurance, and telecommunication. The company was founded in 2013 and is based in Boston, Massachusetts.

Known Partners

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Known Customers

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Key People

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All Companies in Claims Analytics Software

Athenium logo
Athenium

United States / Founded Year: 0000

Athenium offers climate intelligence and quality assurance solutions within the insurance and financial sectors. The company provides meteorological and climatological intelligence through web applications, integrated data feeds, and an operational meteorology team, offering global weather data and forecasting services. Athenium features quality assurance and performance risk management software for the insurance industry aimed at improving claims performance and financial outcomes. Athenium Analytics was formerly known as Weather Analytics. It was founded in 2012 and is based in Dover, New Hampshire.

Known Partners

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Key People

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Hyperscience logo
Hyperscience

United States / Founded Year: 0000

Hyperscience provides enterprise artificial intelligence (AI) infrastructure software focused on hyperautomation. The company automates and orchestrates end-to-end processes to utilize back-office data and documents. Its solutions aim to improve decision-making and customer experiences. It was founded in 2014 and is based in New York, New York.

Known Partners

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Known Customers

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Key People

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omni:us logo
omni:us

Germany / Founded Year: 0000

omni:us focuses on claims automation within the insurance sector. The company's offerings include the Digital Claims Adjuster, which assists in claims processing and decision-making, and services that work with existing insurance core systems. omni:us serves the property and casualty insurance industry with its solutions. omni:us was formerly known as SearchInk. It was founded in 2015 and is based in Berlin, Germany.

Known Partners

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Key People

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Roots logo
Roots

United States / Founded Year: 0000

Roots specializes in AI-driven solutions for the insurance industry, focusing on automating underwriting, claims, and policy servicing processes. The company offers an AI agent platform that supports insurance operations through data extraction, processing, and workflow orchestration. Roots primarily serves the insurance sector, providing tools that enhance operational efficiency and accuracy for insurers. The company was formerly known as Roots Automation. It was founded in 2018 and is based in New York, New York.

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Known Customers

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Key People

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Sedgwick logo
Sedgwick

United States / Founded Year: 0000

Sedgwick provides risk, benefits, and integrated business solutions and focuses on claims management and loss adjusting in various industries. The company offers services such as casualty and property claims administration, benefits administration, compliance services, and brand protection. Sedgwick's solutions cater to a diverse range of sectors, including healthcare, retail, food and beverage, and technology. It was founded in 1969 and is based in Memphis, Tennessee.

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Known Customers

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Key People

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Sprout.ai logo
Sprout.ai

United Kingdom / Founded Year: 0000

Sprout.ai specializes in artificial intelligence (AI)-powered claims automation and fraud detection within the insurance industry. The company offers technology solutions that enable fast and accurate insurance claims decisions to improve customer service. Sprout.ai's platform is configurable across various insurance lines, ensuring thoroughness and integration with existing tools. Sprout.ai was formerly known as Blockclaim. It was founded in 2018 and is based in London, United Kingdom.

Known Partners

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Known Customers

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Key People

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weav.ai logo
weav.ai

United States / Founded Year: 0000

weav.ai focuses on enterprise artificial intelligence solutions within the insurance industry. The company provides AI copilots to assist in underwriting and claims decision-making processes by offering insights and practices to support efficiency and profitability. It primarily serves the insurance sector, providing tools that integrate with existing IT systems to support underwriting and claims professionals. The company was founded in 2021 and is based in Mountain View, California.

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Our Methodology

The ESP matrix leverages data and analyst insight to identify and rank leading private-market companies in a given technology landscape.

What is Claims Analytics Software?

The claims analytics software market enables insurance companies to automate claims adjuster workflows and derive insights from claims data. These solutions may leverage data analytics, generative AI, robotic process automation, statistical modeling, and machine learning techniques to help insurers gain a deeper understanding of their claims processes, improve decision-making, and optimize claims adjustment processes. By using these solutions, insurance companies can potentially identify and manage costly claims more quickly.

Expert Collections

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Market Map

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Do you compete within Claims Analytics Software?

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Your future customers are researching their next tech solution on CB Insights. Make sure they can find you.