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AI insurtech Clara Analytics expands regional presence 

Clara Analytics, a leading provider of artificial intelligence (AI) technology for personal injury claims optimisation, has announced an exclusive partnership with Opex Consultants to represent Clara in Australia and New Zealand. 

The partnership constitutes a strategic commitment to expand Clara’s business in the Asia-Pacific region. 

Opex, an Australian boutique growth strategy and profit improvement insurance consulting practice, will facilitate the sale and adoption of Clara’s platform and entire range of personal injury claims solutions in Australia and New Zealand. 

Clara, based in Silicon Valley, says its products have delivered rapid and substantial return on investment for some of the world’s leading insurers, including one of Australia’s largest providers of general insurance. 

It says its customers see improved return-to-work outcomes, lower loss ratios, and efficient release of regulatory capital for productive purposes enabled by an AI platform that provides intelligent claim guidance.  

“Opex has seen first-hand that Clara’s AI platform is a game-changer for personal injury insurers,” KP Karunakaran, founder and Director of Opex, said.  

“This technology helps overburdened claim officers focus on what matters most. It guides them to the best doctors for medical claims, based on the individual facts of each case. It helps insurers to avoid costly and unnecessary litigation. 

“Those kinds of capabilities translate to better outcomes for insured parties and injured workers, faster resolution of claims leading to lower claims costs and improved reserving accuracy. 

“Opex is excited to take this next step in our strategic relationship with Clara and bring the benefits of this technology to insurers throughout the ANZ region.” 

 For Clara, the partnership represents a major step forward in the company’s commitment to customers in the Asia-Pacific region. 

“Clara is getting worldwide attention because we’re helping insurers deliver outstanding results,” CEO of Clara Analytics Heather H. Wilson said. 

“We deliver a win-win for everyone involved, and the measurable ROI is consistently impressive. Opex has proven that they have what it takes to roll those benefits out to customers throughout the ANZ region. 

“This is an important milestone in Clara’s strategy to expand and deepen our coverage globally.” 

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