Cloverleaf Analytics partners with auto insurers on real-time data management
Cloverleaf Analytics, an insurance intelligence solutions company, recently announced partnerships with auto insurance carriers United Automobile Insurance Company and Citizens United Reciprocal Exchange (CURE). The deals aim to leverage Cloverleaf's proprietary policy management capabilities and Guidewire's digital claims experience to "enable advanced insights regarding quote, policy and claims enterprise data in real-time," according to a company press release. The partnerships come off the heels of Clovereaf's investment into its suite of new AI-driven advanced analytics and data security technologies. Robert Clark, president and CEO of Cloverleaf Analytics, told Digital Insurance that the company is consolidating and aggregating data in real-time, into one place. "In our data lake we're pulling all of their premiums, their losses, reinsurance billing, their treaties, cash calls, everything," says Clark. "Once we pull it in, we aggregate that up in our data warehouse where we calculate over 900 different KPIs. On top of that, we've got over 28 different machine learning libraries and AI capabilities, including full integration of Python and R. We have actuaries creating scripts and learning models that will actually learn from their data and make recommendations."
Aug-5-2022, 22:45:21 GMT
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