Verisk Launches Generative AI Tool to Support Faster Insurance Claim Processing

February 8, 2024

https://www.globenewswire.com/news-release/2024/02/08/2825941/0/en/Verisk-Launches-Generative-AI-Tool-to-Support-Faster-Insurance-Claim-Processing.html

JERSEY CITY, N.J., Feb. 08, 2024 (GLOBE NEWSWIRE) — Verisk, (Nasdaq:VRSK), a leading global data analytics and technology provider, has announced the launch of an automated generative artificial intelligence (generative AI) record summary capability in Discovery Navigator, one of the leading medical record review platforms for property and casualty claims professionals. The Discovery Navigator platform has already proven to be up to 90% faster than manual record review with up to 95% accuracy rates, allowing claims handlers to compile record summaries in a fraction of the time. The new generative AI auto-summary feature is designed to further simplify and accelerate the claims settlement process, allowing claims professionals to achieve efficient and accurate resolutions faster than ever before.

Read more at globenewswire.com

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