Oak HC/FT is a venture and growth equity investment firm that focuses on healthcare information services and financial service technology.   The firm focuses on driving transformation in these industries by providing entrepreneurs and companies with strategic counsel, board-level participation, and access to our extensive network of industry leaders. Oak HC/FT partners are peerless in delivering returns for investors and growing innovative businesses. Over the past decade, the partners at Oak HC/FT have had 20 realizations with 6 companies achieving valuations in excess of $1 billion. Oak HC/FT is led by the Healthcare and FinTech team of Oak Investment Partners as part of Oak’s strategy to develop sector-specific funds and continue its legacy of building best-in-class businesses.

Oak HC/FT

Aspen Capital Group is a growth equity firm that partners with founders and entrepreneurs to build industry-leading technology and tech-enabled services businesses Aspen Capital Group has built a track record of partnering with companies to drive long-term growth. Our approach to creating value focuses on identifying and continuously driving toward the key product and customer initiatives required to achieve leadership and remain a leader in the industry segments we pursue. To do this, we help companies assemble world class Boards of Directors, Executive Teams and Strategic Partners. Aspen seeks to deploy $5M to $25M of capital per investment, and its unique capital base allows for significant flexibility in structuring and determining the hold period for each investment. Aspen Capital brings significant expertise and resources, and is an ideal partner to founders and entrepreneurs looking to building leading companies. Learn more by visiting our website or reaching out at info@aspencapgroup.com

Aspen Capital Group

NYP Ventures identifies and supports digital health innovations that have the potential to improve the quality and experience of care for the populations we serve. Our fund seeks to both invest in and build collaborative relationships with emerging businesses, leveraging internal expertise to support the development and growth of portfolio companies.

New York Presbyterian Ventures

Spring Lake Equity Partners is a Boston-based private equity firm.  We invest equity capital primarily in later-stage, technology-oriented private companies.  We formed our current investment vehicle, Spring Lake Equity Partners LLC, in 2013.  The principals at Spring Lake formerly constituted the private equity arm of Tudor Investment Corp., a global hedge fund, prior to spinning off in 2013 to form Spring Lake.  Spring Lake is led by Managing Partners Bob Forlenza and Carmen Scarpa, who formed the predecessor group to Spring Lake in 1995.  Partners Jeff Williams, Dan MacKeigan, and Jon Danielson comprise the remainder of the senior investment team, which has been investing together as a group since 2001.  While at Tudor, we invested over $650 million in 75 companies across four investment funds and continue to sub-advise several of these funds today.  Our investment philosophy is simple and has remained consistent over time – we seek to partner with great management teams to take their businesses to the next level, creating value for all stakeholders.  Spring Lake strives to add value to our portfolio companies through active Board participation and accessing our network of contacts which includes our own and those of our key strategic partners, WestRiver Equity Partners, Tudor Investment Corp., and the George Kaiser Family Foundation.

Spring Lake Equity Partners

QBE Ventures is the venture capital arm of QBE Insurance Group, a top 20 global insurance and reinsurance company operating in 37 countries. QBE Ventures invests globally in companies that provide access to differentiated technology which has the potential to enhance QBE's business model, drive efficiencies and develop new avenues of growth.

QBE Ventures

CLARA Analytics

CLARA Analytics improves claims outcomes in commercial insurance with easy-to-use AI-based products. The company’s product suite applies image recognition, natural language processing, and other AI-based techniques to unlock insights from medical notes, bills and other documents surrounding a claim. CLARA’s predictive insight gives adjusters “AI superpowers” that help them reduce claim costs and optimize outcomes for the carrier, customer and claimant. CLARA’s customers include companies from the top 25 global insurance carriers to large third-party administrators and self-insured organizations.

CLARA Analytics improves claims outcomes in commercial insurance with easy-to-use AI-based products. The company’s product suite applies image recognition, natural language processing, and other AI-based techniques to unlock insights from medical notes, bills and other documents surrounding a claim. CLARA’s predictive insight gives adjusters “AI superpowers” that help them reduce claim costs and optimize outcomes for the carrier, customer and claimant. CLARA’s customers include companies from the top 25 global insurance carriers to large third-party administrators and self-insured organizations. Founded in 2016, CLARA Analytics is headquartered in California’s Silicon Valley. For more information, visit www.claraanalytics.com.

InsurTech: Infrastructure

CLARA Analytics Adds More Veteran Talent to its Executive Team

Amazon

Amazon will leverage CLARA Analytics’ advanced machine-learning technology to enhance its health and claims compensation process for its workers.

Simplifying the insurance experience for businesses using technology

InsurTech: Commercial Lines

Startups that provide coverage for medical expenses and lost wages incurred by employees injured or falling ill while on the job.

Amazon has partnered with CLARA Analytics, a leading provider of AI technology in the commercial insurance industry, to improve health and claim outcomes for their corporate workers' compensation claims

Specialized platforms that streamline and automate claims processing workflows, from initial claim submission to settlement. They may offer software for claims intake, adjudication, fraud detection, and communication with policyholders and third-party service providers

Nationwide Mutual Insurance

Nationwide will leverage CLARA’s AI and advanced machine-learning capabilities to offer insights to claims management professionals to resolve claims more efficiently and improve its workers’ compensation offering.

Aon will partner leverage CLARA Analytics’ AI capabilities to help identify claims that could potentially become litigated before issues arise, gain legal representation if required, and manage claims efficiently.

<div>
 
 AgentSync powers growth for insurance carriers, agencies, MGAs, and producers by offering modern tools for producer and compliance management. With a customer-centric design, seamless APIs, and automation, AgentSync's products reduce friction, increase efficiency, and maintain compliance, ultimately helping to improve the broker onboarding, contracting, licensing, appointing, and compliance processes.
 
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AgentSync

Artificial is an insurance software business offering an algorithmic underwriting, data extraction and machine learning platform to commercial insurers, empowering them to write better risks, faster. We provide solutions to partners across the London and global markets, including Convex, Chaucer and more. Our platform specialises in instantly and accurately capturing data at the point of entry for use in downstream applications. We enable clients to augment this data through effortless integrations and use it to write risks algorithmically, build contracts and plug into other systems. Behind the platform is decades' worth of experience in engineering, insurance and analysis. We do more than just provide software; we work with you every step of the journey to make sure our technology drives growth, improves efficiency and reduces costs across your business.

Artificial Labs

Bambi Dynamic, based in Israel, is a SaaS insurance platform that provides vehicle insurance solutions for car OEMs, mobility providers, insurers, and the mobility ecosystem. As a white-label, cloud-based integrated platform, Bambi Dynamic provides an end-to-end solution that includes onboarding, underwriting, user identification, pricing, policy operations, and loss notice. The platform creates insurance products by measuring usage, events, and behavior, using data collected from various sources including smartphones, connected cars, and smart sensors. Bambi Dynamic’s products include personal auto, personal connected auto, fleet insurance, shared and micro-mobility, MaaS for mobility app providers, and autonomous vehicle insurance.

Bambi Dynamic

Coterie Insurance is an InsuranceTech company that applies an API-based approach and modern technology to commercial insurance. It looks to integrate insurance with platforms and processes that businesses, contractors, and gig workers use every day. The company also streamlines the insurance process for its clients. Its core focus remains on small business insurance. Products that it offers include business owners policy, general liability insurance, and professional liability insurance. Coterie Insurance is privately held and a licensed insurance producer in all 50 US states.

Coterie Insurance

Providers of general, yet comprehensive, end-to-end solutions for insurance companies, covering various aspects of their operations. This includes core systems for policy administration, underwriting, claims processing, billing, and customer relationship management

Specialized platforms that offer lead generation and management services and tools for insurance providers. Tools can include telemarketing, internet, and social media lead generation, referrals, and lead analytics

Underwriting platforms that evaluate risks related to life insurance, health insurance, and related products such as disability and critical illness coverage. They may utilize medical underwriting criteria, genetic information, lifestyle factors, and demographic data to assess applicants' insurability

Platforms that specialize in assessing risks associated with property and casualty insurance, including home, auto, commercial property, and liability coverage. They may incorporate data sources such as property valuations, historical claims data, telematics, and weather patterns to evaluate risk factors accurately

Policy administration systems that focus on managing policy lifecycle activities, including policy issuance, endorsements, renewals, and cancellations. They provide insurers with tools to configure and manage policy rules, coverage options, and premium calculations. Platforms can also have additional functions for commission and performance tracking

Reinsurance technology providers offer a range of innovative tools and services to support reinsurers in managing their operations, assessing risks, and optimizing their reinsurance strategies. These solutions may include advanced analytics, catastrophe modeling, risk assessment tools, portfolio management systems, and underwriting platforms specifically designed for the reinsurance industry

PROMINENT_CATEGORY

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 CLARA Analytics, an AI technology company that specializes in claims processing, has released an update to its AI platform named Claims Document Intelligence Pro. Previously known as CLARA Optics, this product aims to improve adjuster productivity by providing them with detailed risk insights.
 The updated product boosts the depth of its contextual analysis for legal demands and medical records. It is capable of identifying bad faith doctrines, time-sensitive conditions, and important medical issues. It also prepares summaries, treatment timelines, and provides alerts to guide adjusters towards the most beneficial following actions. Claims Document Intelligence Pro merges GenAI and proprietary AI tools to point out essential details, evaluate escalation risk, and propose practical recommendations.
 CLARA Analytics positions the product as delivering preset experiences and contextual insights. It utilizes a comprehensive database of resolved claims to cultivate an understanding of medical and legal risk.
 
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CLARA Analytics

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