Claimsforce

Claimsforce is a SaaS-based technology platform that uses AI and machine learning to provide insurers and third-party administrators with an end-to-end claims management platform that is more time-efficient, price accurate, and customer-focused than legacy claims systems.

Claimsforce uses AI-based regulation control and increased data points to assess the damage, analyse the claim, and settle quickly. The platform improves the overall efficiency of claims settlements, lowers claims costs, and tracks customer satisfaction through NPS audits.

Customers of the platform include Zurich.

In August 2020 Claimsforce raised €7m in Series A funding. The round was led by Notion Capital and the startup stated it would use the new funding to further develop its cloud-based claims management platform by increasing the number of data points it uses to assess claims, making the process even faster and more accurate. It would also look to expand its workforce internationally.