AI - EvolutionIQ
Revolutionizing claims processing through AI-powered guidance systems, enabling early intervention, increased efficiency, and improved outcomes for carriers and TPAs.
- Name
- EvolutionIQ - https://evolutioniq.com/
- Last Audited At
About EvolutionIQ
EvolutionIQ is a leading technology company that develops AI-powered claims guidance systems for carriers and TPAs in the Disability, Casualty & Liability Lines, and Workers Compensation sectors. Their approach leverages unified machine learning to build unique models for each client and deliver tactical guidance directly to claims teams.
EvolutionIQ's AI solution acquires and ingests data from various sources and provides valuable insights, triage recommendations, and auto-adjudication services through workflow tools tailored to specific lines of business. Their advanced AI ensures that lessons learned are never lost, enabling predictive value from multiple sources.
Carriers reporting a 35% increase in sick or injured people returning to work using EvolutionIQ's platform and nearly 4,000 absence years saved are just a few notable achievements. The company has revolutionized the claims industry by introducing an entirely new category of software that guides examiners and adjusters to the right claim at the right time. This innovative technology empowers claimants to get on the right recovery path early, reducing stress and getting their lives back on track faster while helping insurers be more effective and accurate in their claims handling, freeing up more time for their teams to focus on what they do best: helping people.