What’s New with ClaimsX Ultra?

Triage, vendor insights, and fraud detection often fall short in today’s world, ClaimsX Ultra will be key for carriers to supercharge the claim process for both accuracy and speed, allowing them to detect fraud earlier, streamline operations, and deliver a superior customer experience.
ClaimsX Ultra provides the most comprehensive review of any given claim, with benefits such as:

Enhanced Fraud Identification: When fraud escapes your notice until it’s too late, it costs you an average of $2,500 for every claim missed. Yet resource constraint is the #1 reason why claims teams will miss vendor fraud— there simply aren’t enough hours in the day to manually verify and monitor the credibility of every provider in your network.

ClaimsX Ultra helps carriers stay one step ahead of the latest fraudster schemes, raising alerts to adjusters as early as FNOL to reduce operational costs and prevent payouts for fraudulent claims.

The Complete Picture for All Claim Types: Context is the key to efficient claims handling, but validating crucial factors in every claim takes at least 15 minutes per claim. This amounts to hundreds of hours of adjuster hours spent in time-consuming research, which are often incomplete and inconsistent when performed manually.

ClaimsX Ultra goes beyond the ordinary loss facts, it dives deep into the nature of the claim, unravels the intricate web of vendors and service providers, and reveals valuable connections. No matter the claim type, our platform is your trusted companion for superior automation and efficiency; from auto collision and workers comp to general liability and more, ClaimsX Ultra offers a holistic view of every claim, revealing valuable connections and empowering your team to make swift, informed decisions with confidence.

Smarter Vendor Management: You have a list of trusted vendors, but 80% of the time customers will find their own providers. When resources are already stretched thin, your team doesn’t have the time to manually ensure every provider is above board.

ClaimsX Ultra integrates the power of Carpe Data’s Minerva business data store of more than 45M businesses into your claims processing flow, reducing incidents of provider fraud and creating a better customer experience by guiding claimants to vendors with proven customer success, lowering claims cost through improvements to trusted vendor programs as well as reducing time spent researching vendors.