EvolutionIQ Included in Gallagher’s Q4 2024 Global Insurtech Report

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EvolutionIQ was recognized as a leading AI technology for P&C and Disability insurance carriers in Gallagher’s latest Global InsurTech Report. This report tracks key industry trends impacting the insurers across major lines of insurance, and has been reporting on AI adoption within the industry over the past year. 

In the report, EvolutionIQ’s Claims Excellence Platform, and similar solutions, received recognition for enabling frontline claims teams with tools that deliver a better claimant experience, and that impact key focus areas like return-to-work timelines, claims leakage, and claims decision consistency. 

“The claim experience is the ultimate product of the insurance company, and the claim handling process is the very core of a carrier’s operations. There is a great opportunity to leverage AI to transform this process. We have to understand what human beings are great at, what AI is great at, and how to get the best of both worlds. This is the design principle of the EvolutionIQ platform. The role of AI is not to replace the work of skilled professionals, but rather, to help them allocate their expertise where it matters most and reclaim capacity to do the job that only the human can do: partnering with the claimant throughout their recovery journey.” - Mike Saltzman, Co-founder and Co-CEO

This recognition builds on EvolutionIQ’s market leading position in disability and recent momentum within Workers’ Compensation claims teams where client growth is up 4-fold year over year. Moreover, with the recent acquisition by CCC Intelligent Solutions, a leading technology partner within P&C, EvolutionIQ is positioned to expand its solution set beyond Worker’s Compensation into the broader P&C market.

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Read the report here.
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