CLARA Analytics Uncovers Early Insurance Fraud Using AI and Cohort Modeling
CLARA Analytics has released a breakthrough study demonstrating that advanced AI methods can identify potential fraud in property and casualty insurance claims just two weeks after filing — significantly faster than traditional detection methods. The research, completed in November 2024, analyzed 2,867 claims from 2020 to 2024 using unsupervised machine learning and revealed actionable insights that could save the industry billions annually.
