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Frequently asked questions
Why is AI adoption essential?
How can Klear.ai help avoid spiraling claims cost?
How can Klear.ai help us improve our predictive capabilities?
The key to successfully incorporating a predictive model is to target opportunities where data can give a claims organization the biggest lift, with the lowest-hanging fruit clearly being claim severity.
How accurate are you at “predicting” Reserves ?
All of our Predictive Insights are “scored” initially upon FROI and subsequently “re-scored” throughout the claims lifecycle and as appropriate to the particular situation. Our predictive platforms routinely score in the high 70% - low 80% range.
What is a KPI?
What type of business entities can this product be used for?
This platform works best with TPA’s, risk pools, government entities, insurance companies, self-insured firms, and Professional Employment Organizations.
How can Klear.ai help in litigation?
Our solution helps risk managers understand their underlying legal costs and – by placing the focus on performance rather than hourly rates or billing practices – determine the relative efficiency of the defense firms they engage.