Corvel launches comp AI product
Posted On: Dec. 7, 2021 9:24 AM CST![AI](https://bicontent.businessinsurance.com/9bc5a1bc-075d-4894-945a-aa04019d4d65.jpg)
Fort Worth, Texas-based CorVel Corp. announced Tuesday that it has launched CogencyIQ, an artificial intelligence and predictive analytics tool designed to address complex claims.
According to a statement, CogencyIQ works with CorVel’s integrated claims management technology, CareMC Edge, to provide customized loss-run analysis; advanced analytics; comparative analysis against like industry, market and state trends; and program evaluation and cost-benefit analysis.