EvolutionIQ expands in Europe with 2 key new hires
NEW YORK, NY –September 2, 2024 – EvolutionIQ, the market-leading AI-powered claims guidance platform for Income Protection, Workers’ Compensation, and...
Company expands reach to deliver AI-powered claims guidance across the continent and UK
NEW YORK, NY –September 2, 2024 – EvolutionIQ, the market-leading AI-powered claims guidance platform for Income Protection, Workers’ Compensation, and Property & Casualty insurance in North America, has strengthened its international expansion team with the appointment of Ray Catudal as EU Sales Director and Tim Cima as UK & I and Nordic Sales Director.
EvolutionIQ is fulfilling its mission to improve the lives of injured and disabled workers by accelerating their return to work journeys. EvolutionIQ’s AI-powered claims guidance is already transforming claims outcomes in North America. In the past year alone, the company has:
- Guided 650,000 disability claims
- Analyzed 47 million individual claim data points
- Empowered over 2,800 claims professionals to help 200,000 people return to work faster and healthier
Building on this success, EvolutionIQ is strengthening its reach to assist more European insurers help their claimants return to work.
Ray Catudal has a strong technology background and successful track record working for WTW and Mercer Marsh Benefits in the US and the DACH region. He will spearhead EU growth, enabling claims professionals to handle claims more efficiently and provide superior care to claimants.
Tim Cima, a seasoned EU Insurance SaaS professional, will spearhead the launch of EvolutionIQ’s claims guidance platform in the UK & I and Nordics.
“EvolutionIQ is receiving a lot of positive attention in the UK because of its outstanding results in the US working with the top Income Protection Insurers. ” said Tim Cima “Its technology guides overburdened claims assessors to focus on what matters most to take the best actions to improve their performance across the claims lifecycle, resulting in better outcomes for policyholders and improved loss ratios for the Insurers.
“We’re on an incredible journey to transform claims experiences globally,” said Ron Gupta, EvolutionIQ’s CRO. “This talented team brings a wealth of experience that will be instrumental in achieving our ambitious goals. Their leadership will be key to driving growth in these important markets, ultimately helping more people recover and return to work.”
About EvolutionIQ
EvolutionIQ pioneered Claims Guidance in 2019. Its explainable AI guides insurance claims professionals to their highest potential impact claims, improving the claimant experience and delivering better claim outcomes to claimants, carriers and their customers. EvolutionIQ serves the group disability, individual disability and workers’ compensation markets worldwide. EvolutionIQ’s AI native products have been adopted by 70% of the top 15 U.S. disability carriers and a growing list of workers’ compensation carriers. The New York-based company employs 165 staff across the United States, Europe and Australia. For more information, visit evolutioniq.com and follow the company on LinkedIn.
Press contact information:
Jason Kapler
EvolutionIQ
(917) 740-5608
AI powered Claims Guidance.
