

According to the National Association of Insurance Commissioners (NAIC), approximately $15bn is lost each year due to missed subrogation opportunities stemming from manual processes and documentation gaps. CLARA’s new tools aim to recover a portion of this figure by automating and enhancing detection methods.
The feature also includes built-in alert mechanisms to notify users when opportunities surpass key thresholds.
CLARA Analytics CEO Heather H. Wilson said, “CLARA’s core values include constant innovation and an obsessive focus on our customers’ needs. The market has a significant gap in regard to subrogation opportunity identification. Our mission is to transform the way claims management teams work with their subrogation partners to deliver transformative financial results. Our new subrogation detection capabilities are a major step forward in that journey.”
Wilson continued, “CLARA’s company culture is all about reaching higher, always looking for ways to add more value for our customers. With these new subrogation and risk transfer detection capabilities, we can help insurers achieve even higher ROI.”
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