CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimisation, has announced a new addition to its board of directors.
The firm has welcomed Jeremy Johnson, former CEO of Protective Insurance, into the fold, as they look to leverage his extensive experience in the insurance sector.
In his previous role as CEO of Protective Insurance, Johnson executed a successful turnaround and sale of the company to Progressive Insurance, demonstrating his prowess in driving tangible value through innovation.
Prior to that, he served as President of U.S. Commercial for AIG, overseeing underwriting, distribution, claims, and operations across multiple regions.
Speaking on the appointment, Heather H. Wilson, CEO of CLARA said, “Jeremy has a remarkable history of delivering tangible value through innovation, evidenced by the outcomes he drove as CEO of Protective Insurance and as AIG’s President of U.S. Commercial Insurance. We’re delighted that he has decided to join our board. As CLARA continues to revolutionise claims management, Jeremy’s wealth of experience and prominent role in the insurance industry will be immensely valuable as our momentum continues.”
CLARA’s acclaimed CLARAty.ai platform integrates predictive AI, generative AI (GenAI), and large language models (LLMs) to process intricate documents such as medical records and legal correspondence. It efficiently extracts pertinent details and offers actionable insights to claims management professionals.
Johnson spoke enthusiastically on the innovative offering, remarking, “CLARA’s platform represents a pivotal advancement for the P&C industry, and as a former CEO, it’s something I would have eagerly embraced. They’ve established themselves as pioneers in AI for casualty claims management. CLARA’s team of seasoned insurance experts developing an intelligent platform trained by an impressive claims database is a winning formula every CEO and Chief Claims Officer should seriously consider. I’m thrilled to join CLARA’s board.”
Copyright © 2024 InsurTech Analyst
