TPA Brochure

13

Data, Digital & Innovations

Clyde & Co Newton Combining Clyde & Co's legal expertise with automated intelligence, to deliver the lowest overall indemnity spend for our clients.

The insurance industry is changing as never before. Digitalisation, big data, the potential of artificial intelligence, fierce competition, pent-up pressure to achieve growth and new regulations are all increasing the need

Product spotlight: - Fraud Screen and Fraud Edge brings enhanced fraud detection and risk profiling. They combine AI with market- leading counter-fraud expertise and opponent insight, making use of internal and external datasets or holistic fraud view. - Fraud Edge enhances the claims management service by providing detailed risk profiling, and insight into case conclusions and prospects of success.

for insurers to adapt at speed while extracting maximum value from the premiums they earn.

We have developed a series of innovative products as part of our new technology platform for casualty claims handling. As the biggest legal provider to the UK casualty market, with the largest data set, all our innovations draw on the deep experience of our legal, forensic and fraud teams, to provide automated solutions that span the claims lifecycle. The Clyde & Co Newton offering also includes: - Automation and Machine Learning – Combing machine learning with AI to automate routine claims processes. - Calculation tools – A range of calculation tools to ensure quick and accurate claims handling. - Data Extraction and Analytics – Deep dive analytics to enhance processes and decision-making

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