Enhanced analytics platform will initially focus on workers’ compensation
New York, NY (Sept. 17, 2019) – Marsh, the world’s leading insurance broker and risk adviser, has announced the launch of Blue[i] Claims, an enhanced analytics platform designed to help clients achieve superior claims outcomes.
Tapping into Marsh’s extensive claims data and expertise, Blue[i] Claims leverages advanced, anonymized benchmarking capabilities, enabling clients to identify clear, actionable cost savings opportunities.
The platform will initially focus on US workers’ compensation risks, which cost employers nearly $100 billion annually. Working with Marsh’s industry-leading claims specialists, clients will be able to implement solutions across their workers’ compensation program designed to get injured workers back to health and work. These can include:
- Crafting targeted safety programs to reduce injury frequency.
- Identifying complex claims early to enable prompt intervention and avoid adverse development.
- Expediting the closeout of legacy claims to reduce balance sheet liabilities.
- Improving collaboration with claims administrators for consistent performance.
“At Marsh, our goal is to help our clients’ most valuable asset, their employees, have a positive result following an adverse life event,” said Sri Sridharan, US Chief Claims Officer, Marsh. “With the launch of Blue[i] Claims, we will be able to leverage data to derive unique insights and deploy innovative solutions clients need to achieve better claims outcomes and ultimately lower their total cost of risk.”
Blue[i] Claims is the first in a suite of analytics solutions to come from Marsh that will harness artificial intelligence and other advanced technologies to enable Marsh clients to measure, manage, and minimize their total cost of risk.
Marsh is the world’s leading insurance broker and risk adviser. With more than 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue of more than US$15 billion and 75,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading firms: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. To learn more, subscribe to BRINK.
Source: MarshTags: analytics, launch, Marsh, platform