Insurance carriers looking to quickly decipher demands in newly filed lawsuits can now do so through the use of generative artificial intelligence (AI), according to CLARA Analytics.

The AI technology provider announced extended capabilities for insurance carriers seeking to quickly extract critical information from legal demand documents.

CLARA Optics automates the transcription of medical records and legal correspondence, then highlights important details about each claim using industry-focused AI technology.

The insights offer insurers the ability to identify and prioritize high-risk legal demand packages.

With a human-in-the-loop user interface, claims professionals can extract and summarize medical data to distribute to downstream systems, the company stated.

“…CLARA incorporates deep property and casualty insurance domain-specific context,” said Mubbin Rabbani, vice President of Product at the company. “By now, virtually everyone has seen examples in which general-purpose AI products have yielded highly questionable results. Rather than simply adapting general-purpose AI tools to claims management, CLARA has built its platform from the ground up with insurance claims in mind. When it comes to turning raw data into meaningful insights, that deep industry-specific context makes a huge difference.”

Founded in 2017 by insurance industry professionals, CLARA Analytics was built specifically for insurance carriers.