Optimalex Joins With Great American Insurance Group (GAIG) To Pilot a Predictive Analytics Claims Solution
New York, NY. September 6th, 2022
Optimalex is pleased to announce it has entered into a relationship with Great American Insurance Group to pilot its suite of technology solutions for claims management. Specifically, the pilot will explore areas of opportunity for predictive analytics to improve efficiencies and customer service.
Optimalex Founder Frank Giaoui said of the relationship, “We are honored by the trust put in us by Great American, and are delighted to assist them in taking the journey from data to prediction. We believe this collaboration will be mutually beneficial for both parties.”
About Great American Insurance Group
Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses. Great American Insurance Company has received an “A” (Excellent) or higher rating from the A.M. Best Company for more than 110 years (most recent rating evaluation of “A+” (Superior) affirmed December 3, 2021). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG’s common stock is listed and traded on the New York Stock Exchange under the symbol AFG.
Optimalex combines practical business experience, academic law & economics research and data & software engineering development. Its suite of legal predictive solutions analyzes settlements and legal decisions on damages compensation through up-to-date machine learning and natural language processing techniques. Optimalex’s flagship solution, AGATHA, provides predictive analytics to both parties by assisting them to strategize the optimal outcome.
Featured in Insurance-Edge, Insurance Innovation Reporter, Insurance Daily News.