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What is Practo Insura?

Practo Insura is a cutting-edge modular platform tailored for property and casualty insurance, enabling insurers, managing general agents, and reinsurers to oversee the full lifecycle of policies, billing, and claims. This platform allows teams to quickly introduce new insurance offerings, modernize legacy processes, maintain compliance across various states, and reduce manual interventions while overcoming operational challenges. The key features of Practo Insura encompass: • Extensive policy administration that spans from issuance to renewal • Streamlined billing and payment systems, which cover premium billing and collections • Integrated claims management that simplifies the entire journey from the initial notice of loss to final resolution • Sophisticated rating engine and quote management capabilities • An intuitive portal for insured clients paired with a consumer-facing point of sale interface • A specialized agent portal that includes quote-to-bind functionalities • Comprehensive compliance and filing workflows to support state expansion and regulation of rates/forms • In-depth reporting and operational analytics tools This platform not only boosts operational efficiency but also enables insurance professionals to prioritize providing outstanding customer service, ultimately leading to improved client satisfaction and loyalty.

What is CLARA Analytics?

CLARA Analytics is transforming the landscape of claims management through its innovative platform, CLARAty.ai, which focuses on casualty claims and is powered by artificial intelligence. By integrating sophisticated Document Intelligence with Claims Guidance, the platform equips risk professionals with valuable insights to enhance their decision-making processes. Carriers, MGA/MGUs, reinsurers, and self-insured entities leverage the AI-driven Claims Management assistant to streamline their claims workflows. This platform enables adjusters to effectively oversee claims, anticipate potential escalations, and mitigate fraud, ultimately leading to substantial reductions in both loss costs and administrative overhead. Additionally, CLARAty.ai empowers organizations to achieve greater operational efficiency and improve their overall claims handling strategies.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$50,000/year
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Practo Insura

Date Founded

2023

Company Location

United States

Company Website

practoinsura.com

Company Facts

Organization Name

CLARA Analytics

Date Founded

2017

Company Location

United States

Company Website

claraanalytics.com

Categories and Features

P&C Insurance

Billing & Invoicing
Broker / Agent Portal
Claims Management
Commission Management
Customer Portal
Document Management
Insurance Rating
Marketing Automation
Policy Management
Quote Management
Reinsurance Administration
Underwriting Management

Categories and Features

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