In 2006, CEO Larry Cochran acquired IAS Claims, a Texas-based, regional independent adjusting firm. The company grew, managing several hundreds of remote resources to deploy for multiple P&C carriers. Soon, the challenge to quickly evaluate claims, find the optimal resources to assign, and continuously monitor, route, and assign claims became a major choke point.
While originally developed as an in-house solution to automate these issues, once word got out, clients began asking if they could license the software themselves. It was then that IAS decided to rebuild the software to be a software as a service (SaaS), and spin the business out to be an independent company, thus Claimatic was born.
Teamed with insurance experts, software engineers, product management, customer experience, and integration veterans, with a plug-and-play application that works with any existing claims management software system, Claimatic helps insurers enhance their business.
“When you get the right people in the right seats, results happen.”
As an independent adjusting firm, we saw the need for automated claims assignment, so we developed a solution in-house. That solution became Claimatic. With our insider understanding of the unique needs of the industry, we strive to enhance the way business is done.
