“CLARA is a first mover in utilizing AI to dramatically improve claims outcomes for the P&C industry. Their technology is highly advanced and has already driven strong ROI for its customers by reducing up to 10 percent of claims indemnity and loss adjustment expenses,” says Andrew Robinson, executive in residence at Oak HC/FT. “We look forward to partnering with CLARA in building their business and to continue to develop and mature solutions for other property and casualty lines of business.”

http://oakhcft.com/press/clara-analytics-a-leader-in-artificial-intelligence-insurance-claims-solutions-announces-11-5-million-series-a-funding-led-by-oak-hcft/