ClearRisk Adds Product, Eyes Raise
Summary
The product automatically brings forward data that was previously buried to significantly reduce administration time, automate important processes, and identify important risk developments and blind spots, the company said Integrations with insurers, adjusters, and brokers eliminate duplication, fill missing gaps, reduce incompatible data, and reduce the total cost of risk. “Prior to Insights, our clients could manage their data and look for trends and problem areas in reports and dashboards,” said CEO Craig Rowe in an email. Rowe said embracing technology and innovation is important to the competitiveness of the risk and insurance industry. Rowe said ClearRisk is planning to raise equity capital in the autumn, though it doesn’t know how much yet. “We developed this solution knowing that organizations are producing important data in large quantities but without the tools to fully leverage it.”
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