Gen AI in PC Underwriting and Claims - Cloverleaf Analytics

15 May 2024

Andrew Schwartz

About the Showcase

Gen AI is the hottest topic in the industry right now. Insurers are reaching out daily with questions and the need for advice through bootcamps, presentations, and requests for information about relevant vendors. We’ve created this showcase to allow insurers to see actual demos of available Gen AI products across the insurance value stream from a number of vendors.

ACCESS AND LENGTH:

The short introduction (1.56) is available to all. Click the image below to access.

The full demo (18.32) is available only with vendor permission. To access the full demo, please send an email to Nolan Brown nbrown@celent.com and we’ll request authorization. Once you've been authorized, the webinar link below will be activated for you.

This demo includes an interview by Jaspaul Saini with Robert Clark,Founder and CEO of Cloverleaf Analytics Robert founded Cloverleaf Analytics in 2015. Leading corporate strategy and product design, he has over 25 years of insurance-specific analytics expertise. Robert has co-founded two successful insurance software companies and held various domestic and international roles at AXA. In his spare time, Rob runs ultra-marathons, practices soccer drills with his kids, and is a true family man.

Overview of product

Cloverleaf has a Gen AI Offering that can be used in Property Casualty Underwriting and Claims.

Cloverleaf Analytics is the leader in Insurance Intelligence solutions, having evolved from Business Intelligence (BI) into providing advanced tools using Artificial Intelligence (AI), Machine Learning (ML), Natural Language Processing (NLP), Speech to Insights, and other emerging technologies to empower carriers to achieve unparalleled growth. Cloverleaf enables carriers in diverse lines of business to create modern products that help insurers remain competitive against new market entrants while redefining what consumers and businesses understand as the meaning of insurance value.

The fusion of data analytics and emerging technologies is reshaping the industry, propelling it into an era of unparalleled insights to inform decision-making and drive innovation. There is the realization by senior executives that these technologies when used with Generative AI (GenAI) can usher in an age where you do not have to be a data scientist to derive meaningful insights from insurance data.

In April 2024, Cloverleaf unveiled Speech Insights, a groundbreaking feature in our Insurance Intelligence platform. This GenAI-powered innovation enables insurers to navigate critical decisions with unprecedented speed and intelligence, marking a significant advancement in data-driven insurance operations. Imagine making complex, informed decisions as effortlessly as asking a question to your home's smart assistant. If you know how to say “Hey Google” or “Alexa” you’ll be a master at using Cloverleaf Speech Insights!

Here is an overview of the key benefits of Cloverleaf Speech Insights for different roles inside an insurer:

Senior Executives