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Insurance technology news from Lowers Forensics International, Carpe Data, AXA XL, Charter Financial Group, Argo Group and more. (Credit: TippaPatt/Shutterstock)

Lowers Forensics International partnered with Infinilytics, an enterprise AI and analytics provider for the insurance industry. Together the organizations will combine AI-driven technologies to optimize the business interruption claims process for insurance companies. Lowers Forensics International will offer its proprietary Stratis™ AI platform, which, combined with Infinilytics, will utilize machine learning and built-in algorithms to catch red flags and deliver insights prior to generating industry-leading accurate calculations verified by expert forensic accountants. Adaptable to any product line and any portfolio, LFI says Stratis is the most advanced claims accounting tool available in the industry.

Carpe Data partnered with The Hanover Insurance Group to help the company further enhance claims processing efficiencies across more injury claims. ClaimsX, Carpe Data’s claims monitoring solution, leverages publicly-available web data for real-time assessment and decision making, from first notice of loss to resolution. ClaimsX uses predictive online content to alert The Hanover of claims that need attention from an adjuster, allowing for an efficient and effective claims process while improving the overall customer experience.

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