EvolutionIQ Govt Co-Chairs the Worldwide Claims Affiliation’s Insurance coverage Know-how and Analytics Committee | Information


NEW YORK, Feb. 25, 2022 /PRNewswire/ — EvolutionIQ, essentially the most quickly adopted Claims Steering platform amongst insurance coverage carriers, is happy to announce its Chief Operations Officer & Co Founder Mike Saltzman has been named Co-Chairperson to the Worldwide Claims Affiliation’s (ICA) Insurance coverage Know-how and Analytics Committee. Along with Chairwoman Wendy Berndt, Mike will  facilitate expertise discussions with members and trade thought leaders to handle the key subjects and challenges dealing with right this moment’s declare executives.

Mike’s appointment comes as EvolutionIQ leads claims the trade’s transition to leveraging declare steering platforms for complicated claims, delivering enhanced monetary outcomes and claimant satisfaction.

“I am thrilled to hitch the ICA’s Insurance coverage Know-how and Analytics Committee, particularly at this second when the trade is realizing the advantages of predictive applied sciences to learn workers, claimants, and the underside line,” stated Saltzman. “The ICA has all the time been on the forefront of greatest apply in declare dealing with, and I am excited to assist construct our thesis on how expertise, steering and predictive processes needs to be utilized in tandem with expert adjusters and workers members to reach at truthful, correct and well timed declare adjudication.”

Earlier than founding EvolutionIQ, Mike spent years as an investor centered on insurance coverage corporations at Bridgewater Associates, the world’s largest hedge fund. He grew to become an skilled on the results of claims on carriers’ monetary outcomes, in addition to seeing the facility of algorithmic methods on Bridgewater’s personal processes. Mike then acquired his MBA at Stanford College. EvolutionIQ was began whereas Mike was at Stanford and his Co-Founder, Tom Vykruta, was finishing a close to decade-long tenure at Google, the place he was a Machine Studying chief throughout a number of marquis Google merchandise.

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“Our group is happy Mike Saltzman has agreed to hitch the Insurance coverage Know-how and Analytics Committee as Co-Chairman,” stated Christopher Murphy, Govt Director, Worldwide Declare Affiliation. “There isn’t any scarcity of points confronting the claims insurance coverage sector, and with Mike’s a few years of mixed expertise and intensive experience within the insurance coverage area, we strongly imagine that he’ll present high-caliber discussions and learnings to our group.”

On the committee, Mike might be main academic efforts, digital seminars, and the creation of greatest apply guides for the trade to make use of of their transformation processes. The committee may even lead in-person academic classes for claims leaders at their annual conferences. The primary session was held on February twenty third at 2 PM ET, a digital panel dialogue titled “How Claims Steering is Turning Examiners into Superheroes” with three trade main claims executives from Reliance Customary Life Insurance coverage, Principal Monetary Group & Incapacity RMS.

About EvolutionIQ

EvolutionIQ is the main supplier of claims steering software program. Its software program combines the predictive energy of historic claims evaluation with unstructured claimant knowledge and third celebration info to mechanically establish high-opportunity claims. Insurers select EvolutionIQ to extend their profitability and management over complicated traces of enterprise by integrating determination intelligence into each step of the claims dealing with course of. For extra info, go to www.evolutioniq.com and comply with the corporate on LinkedIn.

About ICA

ICA is the most important group of claims professionals within the life and medical health insurance trade. Its specialties embody life, accident, well being/medical, incapacity, staff’ compensation, and fraud. ICA members embody insurance coverage corporations and claims professionals from around the globe.

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SOURCE EvolutionIQ