Newsletter
January 2025
Our Exponential Journey in Medical Professional Liability Insurance
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At Optimalex, we are proud to reflect on our advancements in the field of Medical Professional Liability. From innovative scientific research to partnerships with industry leaders and development of practical AI solutions, it has been a fascinating journey!
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Pioneering R&D, Massive Data Collection and Thought Leadership
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Optimalex’s Team began 10 years ago at Columbia University in the City of New York with extensive law & economics research, data structuring, and engineering. This work laid the foundations for cutting-edge solutions tailored to MedMal insurance.
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Our research was then presented to the MPLA’s Data Sharing Committee. It sparked discussions on data-driven strategies for improving risk and claims management.
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Our findings were published on the MPLA website, in a white paper on predictive analytics and workflow assistance titled AI Offers MPL Claims Management Benefits.
Distinguished Experts and Growing Partnerships with Industry Leaders
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As Denny Rodriguez, John Moore and Dr. Steven Rosenfeld joined our Senior Advisory Board, Optimalex gained invaluable expertise to enhance our patient safety, risk management and claims mitigation solutions.
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In October 2024, the Ophthalmic Mutual Insurance Company (OMIC), a nationwide carrier, showcased their successful partnership with Optimalex at the MPLA’s IT Forum, illustrating the real-world impact of our solutions. You can watch the video with Ryan Bucsi.
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In 2025, Optimalex is renewing its commitment as a Premium Partner of the MPLA to continue to support the MedMal industry through collaborative efforts.
Active Contributions to and Support of Key Industry Events
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We sponsored the ALC (American Legal Connections) conference in April 2024 (watch the video)
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Optimalex attended the MPLA’s Annual Conference in May 2024, sharing insights that demonstrated the transformative potential of AI and predictive analytics in MedMal insurance.
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Optimalex sponsored MPLA Claims and Underwriting Workshops in September 2024.
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Optimalex made its mark at the ASHRM Annual Conference in October 2024, strengthening relationships with patient safety and risk management professionals and showcasing how our tools optimize claims outcomes.
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The Medical Liability Monitor (MLM) will feature Frank Giaoui, CEO of Optimalex in their next webinar on How to integrate AI-based predictive analytics to reduce claims handling time and increase profitability.
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Optimalex will sponsor the upcoming MPLA CEO/COO Meeting in February 2025.
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The Crittenden Conference will offer a panel featuring Optimalex solutions on April 8, 2025 in Miami.
The Path Ahead
Optimalex has grown through scientific innovation and industry expertise to address the unique challenges facing the medical professional liability insurance. By continually navigating our trust journey and building strong partnerships, we bring data-driven solutions to enhance the service quality, reduce cycle time and improve efficiency in the MedMal space.
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