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Take advantage of groundbreaking AI and predictive analytics to predict insurance claims outcomes as well as improve efficiency, consistency, and fairness.

Legal Predictive Analytics
For Insurance Claims

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Trusted

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Solutions

Predictive Analytics Software

Our award-winning, end-to-end claims solution offers property and casualty insurance companies and attorneys the means to reduce uncertainty over the claims lifecycle and optimize outcomes in a variety of legal situations and claim types:

Business Damages

Commercial Contracts

Corporate Contracts

Business Tort Damages

Damages to New Businesses

Patent Infringements

AGATHA

AGATHA

Optimalex’s AGATHA is a SaaS platform that uses AI predictive intelligence to estimate the outcome of a claim, quantify damages compensation and length of proceedings for all parties involved.

Personal Damages

Motor Vehicle Accidents

General Liability

Medical Malpractice

Workers Compensation

Wrongful Termination

AGATHA displays an interactive dashboard of estimates.

Users can update parameters to create multiple win and recovery rate estimates for the same case.

NOAH

Optimalex’s NOAH extracts, curates, and structures your data for our legal predictive analytics. This service sets the course for your future cases to streamline claims and litigation management.

About Us

Our Story

Optimalex was founded in 2020 after nearly a decade of intensive legal analytics, data science research, and software engineering between New York (Columbia) and Paris (La Sorbonne).

Our Vision

Optimalex is an insurtech whose ambition is to increase fairness, reduce risk, and improve efficiency on damages claims and recoveries, hence benefiting all parties involved in disputes.

Our Mission

Optimalex provides AI predictive analytics decision support tools to improve consistency, fairness, and efficiency in insurance claims management and dispute resolution.

Easy Pilot

Optimalex can be fully piloted quickly — no huge IT lift required.

You Provide Claims Data

Provide your historical data and let Optimalex do the heavy lifting.

We Train Your Models And Estimate ROI

We estimate your ROI while our data scientists structure your historical claims data and train your models.

We Integrate With Your Workflow

We train your claim adjusters while giving them full access to our platform which can be integrated into your existing workflow.

How It Works

The Path From Data to Prediction

Legal Analytics

Our team of lawyers continuously analyzes new claims data, both settled and litigated, to keep our models up-to-date.

Natural Language Processing and Machine Learning techniques enhance our capabilities, but we do not rely on them alone. Our lawyers verify and correct results to ensure our predictions are interpretable and reliable: we are lawyers trained in data science, not the other way around.​ Our legal team also continually explores new areas of the law where our expertise could be helpful.

Information Extraction

Our engineers and data scientists have developed tools to identify, extract, and curate all the relevant information per claim, whether structured or not, and from private and public sources for optimal insurance claims and legal risk management.

​With our groundbreaking AI algorithms and user interface, we offer our clients the collective intelligence of all our analytics without putting their data at risk. Only you can access the data you decide to share with Optimalex.

Machine Learning

Once the data is extracted and secured, our data scientists and legal analysts turn to predictions. We use state-of-the-art machine learning techniques, including Neural Networks, Random Forests, and Gradient Boosters. Our internal lawyers collaborate with our engineers throughout the entire process to ensure that models are interpretable and sound.

Results

Once the process is completed, you will have instant access to predictions with unprecedented levels of detail.

Take advantage of advanced analytics to quickly settle claims and improve consistency and fairness. 

 

From INOL to closing, estimate the value of claims, the likelihood of escalation, the propensity to litigate, and so much more.

Our legal predictive analytics solutions lead to efficient decisions within your team.

We Are Hiring

Join us on our mission to provide AI-based legal predictive analytics software for cost-effective claims management for P&C insurance carriers

How We Help

How We Help

Insurance Claims Management

Claims Triage

As an insurtech, Optimalex helps claims adjusters identify early-on potentially outlying cases to protect insurance companies from devastating verdicts. 

Our solutions also help you optimize retention of legal representation and experts. 

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Claims Management

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Our software allows you to benefit from integration with claims management solutions to access predictions and leverage the value of time. Using AGATHA, claims can be settled quickly and at a fair value.

 

Gain instant insights into several key indicators such as claim value, escalation, likelihood, and length of litigation.

Claims Settlement and Mediation

Optimalex helps you manage the risks associated with each claim by recommending prompt settlement at a fair value and predicting the outcome of mediation or undesirable litigation.

Our software allows you to compare each claim with similar cases and estimate its likelihood of success based on legal and economic factors. This allows you to assess whether it is more profitable to settle or mediate your dispute.

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Claims Litigation

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Optimalex solutions is benchmarked with millions of datapoints from Federal and State courts. Our software estimates claims outcomes based on jurisdictions, law firms, and experts involved, as well as the severity and circumstances of the loss.

 

Using our extensive database and federative learning principles, we allow you to identify the most promising causes of action, arguments, and legal principles. As a result, you can find the most appropriate methods of damage assessment for your situation.

Solutions That Suit You

Insurance

P&C Insurance
Carriers

You are an insurance company wanting to delve into predictive analytics software.

PropertyCasualty360 Award
Lawyers and Law Firms

Law Firms

You are a law firm interested in our solution for your practice.

Lawyers

You are an individual lawyer interested in our solution.

Litigation

Self-Insured Corporations

You are a corporation interested in making informed decisions to remedy contract breach.

Who We Are

Who We Are

Team

Frank Giaoui
Frank Giaoui
Founder and President
Luv Aggarwal
Luv Aggarwal
Co-founder & Head of Engineering

 

Senior Advisory Board

Jonathan Askin

Jonathan Askin

Director, Brooklyn Law Incubator & Policy Clinic,

Visiting Professor at the MIT Media Lab

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Nate Beatty

Founder of Ascent Technology Consulting

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John Siegman

Co-Founder

HazardHub

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Pete Sisserson

Senior Claims Management Executive

News

News and Publications

WSIA

April 2023

Optimalex Pitches At WSIA Insurtech Competition 2023

Guidewire

January 2023

Optimalex Named to Guidewire Insurtech Vanguards

ALM Logo

December 2022

Optimalex Partners With ALM's Law.com VerdictSearch

ITC

September 2022

Frank Giaoui Presents Optimalex At InsureTech Connect

Optimalex Legal AI Pilot

September 2022

Optimalex Joins With Great American Insurance Group To Pilot A Legal Predictive Analytics Claims Solution