Insurance AI Leader EvolutionIQ’s Funding Total Rises to $33.1M With Series B Round While Valuation Passes $200M
With recurring revenue tripling for the 3rd consecutive year, the leader in AI-powered Claims Guidance caps its latest funding round at $7 million Company’s value effectively doubles despite the tech sector’s ongoing volatility Industry adoption accelerates as its AI measurably and consistently helps more sick or injured people recover and return to work vs insurers’ […]
Palantir Veteran Joins EvolutionIQ’s Client Strategy Team
The leader in Insurance Claims Guidance appoints Kipp Teamey as Head of Client Strategy NEW YORK, Aug. 11, 2022 /PRNewswire/ — EvolutionIQ, the most rapidly adopted Claims Guidance platform for insurance carriers, today announced a new appointment to its leadership team, naming Kipp Teamey as Head of Client Strategy. The primary focus of Kipp’s team is to forge a partnership with […]
EvolutionIQ Company Overview Video
Bodily injury claims are incredibly complicated – there are too many claims, too many complex decision points, and it’s impossible for human adjustors to do a good job on their own. That’s why EvolutionIQ created a decision intelligence platform that functions as an AI-enabled copilot to recognize the most important claims that need immediate action […]
5 Takeaways from InsureTech Connect 2021
This year’s InsureTech Connect (ITC) included almost 6,000 attendees representing 300 companies who gathered for the annual conference that unites entrepreneurs, investors, and insurance executives. EvolutionIQ returned to the expo hall as an event sponsor to feature client work in Disability and P&C. We also solicited feedback from industry professionals on the precision claim adjustment […]
Case Study: EvolutionIQ Exceeds Adjuster Severity Recognition at Top P&C Carrier
EvolutionIQ’s breakthrough turns the tide on industry’s largest problem Commercial Insurance Claim handling has just had its breakthrough moment. In multiple blind tests across the claims life cycle, EvolutionIQ’s IQPriority P&C Claims Guidance Platform predicted the eventual cost of claims and litigation escalation more accurately than highly experienced claims adjusters across multiple sets of claims. Skilled adjusters […]
What The Advent of Mission Driven AI Means for Insurance
What’s changing about AI and how are Insurtech’s impacting the industry? Artificial Intelligence has been a buzzword in the Insurance industry for over a decade, but in the minds of many executives it failed to live up to the hype and deliver the promised impact. However, over the last several years advancements in AI have […]
EvolutionIQ Named in Insurtech Insights Future50 Americas
In July 2021, EvolutionIQ was named on Insurtech Insights Future50 list of companies reimagining the future of insurance. This carefully curated list of innovators in the insurance industry was compiled with the help of Sønr – the world’s leading market intelligence platform for the insurance sector. The evaluation criteria was based on a mix of People, […]
EvolutionIQ Joins Forces with Argo Group & Sedgwick at Claims Innovation USA
EvolutionIQ Brings Together Industry Experts on Claims AI July 14th at Claims Innovation USA 2021 EvolutionIQ is a proud sponsor of Intelligent Insurer’s Claims Innovation USA Virtual Event (July 13–15). This three-day event, which will focus on how to bring efficiency, speed and transparency to claims to deliver a seamless customer experience, reduce costs and […]
Case Study: Reliance Standard Drives 8-Figure Reserve Takedowns Leveraging EvolutionIQ AI
Reliance Standard, in partnership with EvolutionIQ, has demonstrated tangible ROI on investments in AI across claims. Leveraging IQInvestigate to automate the referral of claims for investigation, Reliance Standard is now driving 4x the resolutions through higher accuracy of referrals, fewer false positive investigations and significantly improved impact rate of 40%. Reliance Standard, a Top 10 […]
IBM, Cognizant & EvolutionIQ Discuss Claims AI
This week, our Head of Sales, Andrew Naoum sat down with Meera Krishnamurthy, Global Head of Insurance at Cognizant, Annap Derebail, Global Insurance Industry CTO at IBM and Head of Research at 11:FS and host of the Insurtech Insider Podcast Sarah Kocianski to discuss the developments around AI in claims organizations. Listen to the group […]