"What's dangerous is not to evolve." Let me ask a loaded question that might ruffle a few feathers: How successful do you think Amazon would be if it only responded to 40-50 percent of the orders customers placed online? It may sound absurd, but this is exactly the predicament many commercial insurance brokers and agents are put in every day when they submit an application to a carrier on their customer's behalf. A lack of automation in the submission intake process means that many carriers can only respond to less than half of the submissions they receive simply because they get too many. For business that the carrier doesn't want to write, it's not uncommon for distribution partners to receive no response at all. Can you think of another industry where this would be acceptable?

CLARA analytics, the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, announced multiple additions to its executive team. Dustin Oxborrow joins the company as senior vice president of sales, while Brian Sullivan was named senior vice president of customer success, and Chris Koverman becomes vice president of engineering and operations. The new hires come as demand for CLARA's products continues to rise. "CLARA is growing rapidly, with aggressive plans to expand into new areas within the commercial insurance industry," said Gary Hagmueller, CEO of CLARA. "To continue executing on all fronts, we've been on a mission to hire key personnel with highly specialized skill sets. I am incredibly excited that Dustin, Brian and Chris have joined us. Their collective talents and expertise will help drive the company forward as we work to transform the insurance industry with strategic, meaningful applications of AI." New team members' career highlights include: Over the past year, CLARA has seen demand for its products dramatically accelerate.

CLARA analytics ("CLARA"), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, today announced multiple additions to its executive team. Dustin Oxborrow joins the company as senior vice president of sales, while Brian Sullivan was named senior vice president of customer success, and Chris Koverman becomes vice president of engineering and operations. The new hires come as demand for CLARA's products continues to rise. "CLARA is growing rapidly, with aggressive plans to expand into new areas within the commercial insurance industry," said Gary Hagmueller, CEO of CLARA. "To continue executing on all fronts, we've been on a mission to hire key personnel with highly specialized skill sets. I am incredibly excited that Dustin, Brian and Chris have joined us. Their collective talents and expertise will help drive the company forward as we work to transform the insurance industry with strategic, meaningful applications of AI." New team members' career highlights include: Over the past year, CLARA has seen demand for its products dramatically accelerate.

The insurance industry has been very risk averse industry. Traditional carriers have been typically laggard in adopting emerging technologies until 2010s. However, insurance companies has not been new to big data, predictive analytics and modeling. They have been designing, selling and servicing data products to many industries and consumers. With advent of AI and technology capabilities to mine unstructured data from several new sources and sensors, insurance industry is going through a significant disruption.