SANTA CLARA, Calif. — Sept. 30, 2020 — CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, today announced it has appointed Andrew Pinkes and Dave Hollander to its board of directors. The additions are in response to accelerated demand for the company’s products over the past year, furthering its goal of transforming the commercial insurance industry with AI.
“Andrew and Dave are two of the sharpest minds in the P&C space, and I’m thrilled to welcome them to our board. Their combined experience and knowledge will help CLARA accelerate its mission of transforming the P&C claims space through AI-powered applications,” said Gary Hagmueller, CEO of CLARA.
Pinkes has over 29 years of experience in the global insurance industry. He held positions at CNA and XL Group and spent more than a decade each at The Hartford and Travelers. He has extensive experience in managing both domestic and international property and casualty and specialty lines, including legacy/runoff exposures, as well as in the legal, regulatory, actuarial and finance issues attended to such businesses and claims. He has a track record of leading change in complex organizations across the industry and in implementing customer-centric operational strategies to drive profitable growth.
“CLARA’s use of AI provides distinctive customer-centric capability and delivers measurable outcomes and results. CLARA is leading the way with advanced capabilities and improving outcomes,” said Pinkes.
Hollander has more than 30 years of industry experience, with roles involving both broad business and IT strategy as well as hands-on leadership and implementation of major operational change programs. As principal and global insurance practice leader of the financial services office at EY, he managed the firm’s insurance sector advisory services, developing strategic solutions and helping enable account teams around the world. Previously, he was CEO of UniRisX, a SaaS-based product and policy administration solution servicing over 50 lines of business in more than 20 countries.
“I know from direct observation that there is a correlation between innovation and market influence,” Hollander said. “That’s why I’m confident about CLARA’s continued leadership and why I look forward to lending my skills and expertise to the board in order to continue this growth and make an even greater impact.”
CLARA has seen demand for its products dramatically accelerate over the past year, securing new customers and expanding existing deployments across all its product lines. The company’s products utilize AI and advanced machine learning to deliver key insights that increase efficiency and substantially improve both operations and client service. The current product suite comprises CLARA providers, CLARA litigation, and CLARA claims as well as a popular Medicare Set-Aside solution.
About 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 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, and follow CLARA Analytics on LinkedIn and Twitter.
CLARA litigation, CLARA providers and CLARA claims are trademarks of CLARA Analytics. All other brand names and solution names are trademarks or registered trademarks of their respective companies.