CLARA Analytics & OPEX partner to expand in APAC

By Gloria Mathias

CLARA Analytics, an AI InsurTech provider for personal injury claims optimization, has announced an exclusive partnership with OPEX, an Australian boutique growth strategy and profit improvement insurance consultancy, to represent CLARA in Australia and New Zealand.

The partnership constitutes a strategic commitment to expand CLARA’s business in the Asia-Pacific region. Through this partnership, OPEX will facilitate the sale and adoption of CLARA’s platform and the entire range of personal injury claims solutions namely, CLARA Triage, CLARA Litigation, CLARA Treatment & CLARA Optics.

CLARA’s products have delivered rapid and substantial ROI for some of the widely known insurers, including one of Australia’s largest providers of general insurance. The InsurTech firm’s customers have witnessed improved return-to-work outcomes, lower loss ratios, and efficient release of regulatory capital for productive purposes enabled by the AI platform that provides intelligent claim guidance.

“OPEX has seen first-hand that CLARA’s AI platform is a game-changer for insurers,” said KP Karunakaran, founder and Director of OPEX. “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, substantially 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.”

Through this partnership, OPEX will facilitate the sale and adoption of CLARA’s platform and the entire range of personal injury claims solutions namely, CLARA Triage, CLARA Litigation, CLARA Treatment & CLARA Optics

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