Claimatic
Claimatic is a SaaS platform that automates claims triage and assignment for Property & Casualty insurance carriers, using a patented rules-based decisioning engine and low-code configuration to route claims in seconds and reduce reassignments by up to 35%.
- Company typePrivate
- Founded2006
- HeadquartersSan Antonio, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Claimatic does
Claimatic is a SaaS provider of automated claims triage and assignment software for the Property & Casualty insurance industry, headquartered in San Antonio, Texas. The platform evaluates over 25 standard attributes plus unlimited custom attributes to route claims to the optimal internal or external resource in seconds, replacing manual assignment processes that historically took 1-4 days. The core product is differentiated by a patented intelligent decisioning engine, a low-code/no-code rules builder that allows claims operations teams to configure routing logic without IT support, and an optimization sandbox for testing rule changes. The platform exposes stable RESTful APIs and ships with a pre-built Guidewire ClaimCenter accelerator available on the Guidewire Marketplace; complementary integrations exist with Duck Creek, Salesforce, AWS, and DXC. SOC 2 Type II certified and the only patented SaaS plugin of its kind according to the company's positioning.
The company's commercial model is usage-based: a one-time platform and onboarding fee is bundled with a per-claim fee, structured as multi-year contracts. Pricing is tiered across carriers processing under 25,000 claims per year, mid-market carriers (25,000 to 1 million claims), and enterprise carriers with over 1 million claims annually. The go-to-market combines enterprise field sales targeting Top 5 US carriers through to boutique insurers, with channel partnerships through Guidewire, Duck Creek, and Salesforce marketplaces. Customers named in source materials include General Motors, Good2Go Insurance, and Hippo Insurance. Additional modules address catastrophic event (CAT) surge management, workforce capacity monitoring, and real-time dynamic data decisioning, with the company explicitly stating intent to expand automation and AI capabilities.
Claimatic was originally developed in 2006 as an in-house tool at IAS Claims by founder and CEO Larry Cochran, spun out as an independent SaaS company in 2015, granted a US patent in November 2021, and awarded the PropertyCasualty360 Insurance Innovators Award in Technology Innovation in December 2021. The company is privately held and founder-owned, with no disclosed external institutional investment. Headcount is in the 11-50 range and revenue is not publicly disclosed.
Claimatic firmographics
Firmographics- Name
- Claimatic
- Legal name
- Claimatic
- Website
- https://claimatic.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Claimatic is a SaaS platform that automates claims triage and assignment for Property & Casualty insurance carriers, using a patented rules-based decisioning engine and low-code configuration to route claims in seconds and reduce reassignments by up to 35%.
- Ownership category
- akta.pro rank
Claimatic industry classification
Industry- Product category
- Insurance Claims Automation Software
- NAICS
- Claims Adjusting (524291), Custom Computer Programming Services (541511)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Claims Management & Digital FNOL Platforms (FSAGAGAC)
- akta.pro secondary industry
- Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)
Keywords
Where Claimatic is headquartered
LocationHeadquarters
- HQ city
- San Antonio
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Claimatic business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Platform Subscription: One-time platform/onboarding fee covering setup, implementation, training, and initial rules-building, followed by a per-claim usage fee. The pricing model scales with claim volume, serving carriers from under 25,000 claims annually to those processing over 1 million claims per year.
- Implementation and Training Services: Professional services bundled into the initial platform/onboarding fee covering set-up, implementation, training, and rules-building with the customer team.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Multi-year contract | Enterprise carriers (1M+ claims/year) |
| Usage-based | Multi-year contract | Mid-market carriers (25,000-1M claims/year) |
| Usage-based | Multi-year contract | Small insurers (<25,000 claims/year) |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Claimatic product offering
Product offeringCore offering
Claimatic sells a SaaS-based property and casualty insurance claims automation platform that automates claims triage, routing, and assignment. The platform uses a patented intelligent decisioning engine to evaluate over 25 standard and unlimited custom attributes per claim, then assigns the claim to the optimal adjuster or vendor in seconds instead of 1-4 days. It is delivered to insurance carriers, third-party administrators, and independent adjusting firms via multi-tenant SaaS with RESTful API integrations to claims management systems.
Product overview
Claimatic offers a unified SaaS-based insurance claims automation platform designed to take the guesswork out of claims routing and assignment. The core Claimatic Platform serves as the central product, integrating with existing claims management systems via RESTful API to automate claim triage and assignment decisions in seconds. The platform includes a Low Code/No Code Rules Engine that enables claims operations teams to create and modify business rules using drag-and-drop if/then logic without IT involvement. A Guidewire Accelerator add-on module provides pre-built integration for Guidewire ClaimCenter customers. Additional sub-products include a CAT Management Module for surge handling during catastrophic events, Dynamic Data Decisioning Tools for real-time data integration and processing, a Workforce Management Module for resource capacity monitoring, and Custom Dashboards & Reports for operational visibility. The platform is line-of-business agnostic, supporting auto, property, and other insurance lines.
Differentiator
Problem solved
Functional benefit
Products and services
- Claimatic Platform The core SaaS insurance claims automation platform that automates claim triage and assignment for optimal routing. The platform evaluates over 25 standard attributes and unlimited custom attributes to automatically route claims to the right resource (adjuster, desk staff, vendor) in seconds, reducing reassignments by up to 35% and improving cycle times. Targeted at P&C insurance carriers, third-party administrators, and independent adjusting firms.
- Claimatic Accelerator for Guidewire ClaimCenter A pre-built integration accelerator for Guidewire ClaimCenter that enables customers to quickly deploy Claimatic's claims segmentation, triage, and assignment automation within their existing Guidewire environment. Listed on the Guidewire Marketplace.
Quantifiable outcome
- 35% reduction in reassignments
- +6 more outcomes
Companies that use Claimatic
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Claimatic technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability3 records
Feature6 records
Claimatic partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Good2Go InsurancecorePartnership between Good2Go Insurance and Claimatic modernizes and expedites claim triage for the growing auto insurance company. Good2Go implemented Claimatic's patented software solution, achieving faster, more efficient claims processing. Within one week, Good2Go completed training and went live in six days, shaving two minutes from call handling time and eliminating several manual steps in the process.
- AWS (Amazon Web Services)coreAWS is listed as a technology partner, indicating Claimatic is built on and integrated with Amazon Web Services cloud infrastructure.
- GuidewirecoreGuidewire is a technology partner with a dedicated Claimatic Accelerator listing on the Guidewire Marketplace for ClaimCenter integration. This enables seamless integration for Guidewire customers.
- Duck CreekcoreDuck Creek is listed as a technology partner, indicating integration capabilities with Duck Creek insurance software platform.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Claimatic competitors and assessment
Company assessmentEmerging players
- Tractable: Tractable applies computer vision and AI to auto and property insurance claims, accelerating damage assessment and decisioning. It is an emerging competitor to Claimatic on AI-driven claims automation and triage.
- Shift Technology: Shift Technology provides AI-native decisioning for insurance fraud detection, claims automation, and underwriting. It is an emerging competitor to Claimatic on automated claims decisioning and routing.
Broad incumbents
- Vertafore: Vertafore is an established insurance software provider for agents, brokers, and carriers with workflow and agency-management systems. It is an adjacent broad incumbent in the P&C insurance technology stack where Claimatic also competes for carrier IT budgets.
- CCC Intelligent Solutions: CCC is a large incumbent SaaS and data platform serving auto insurers across the claims lifecycle, from FNOL through total loss. It competes with Claimatic in claims triage/assignment but operates across a much broader workflow footprint.
- Duck Creek Technologies: Duck Creek provides a core SaaS suite for P&C insurers including claims, policy, and billing. It is both a technology integration partner and a broad incumbent whose claims module competes with Claimatic.
- Guidewire Software: Guidewire is the dominant core insurance platform suite (PolicyCenter, ClaimCenter, BillingCenter) used by most US P&C carriers. It is both a key technology partner and a broad incumbent that could embed competing triage/routing functionality.
- Verisk: Verisk is a major insurance data, analytics, and workflow provider serving carriers across underwriting and claims. Its claims and analytics offerings overlap with Claimatic's decisioning and routing value proposition at a much broader scale.
Direct peers
- Mitchell International: Mitchell provides P&C claims, repair, and pharmacy solutions including intelligent estimating, workflow, and casualty claims management. It overlaps directly with Claimatic on claims automation and routing for auto and property carriers.
- Snapsheet: Snapsheet offers a cloud-based claims management and appraisal platform for P&C insurers with virtual estimating and automated workflows. It competes directly with Claimatic in automating claims operations and assignment for auto and property carriers.
- One Inc: One Inc provides digital claims and payment processing infrastructure for P&C insurers, including FNOL and disbursement workflows. It competes with Claimatic in modernizing and automating front-end claims processes for carriers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Claimatic social profiles
Digital presenceClaimatic compliance and trust
Trust signalCompliance2 records
Claimatic financial estimates
Financial estimateRevenue estimate
Valuation estimate
Claimatic leadership team
Management profileNumber of profiles
Profiles3 records
Claimatic funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Claimatic M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Claimatic
What does Claimatic do?
Claimatic sells a SaaS-based property and casualty insurance claims automation platform that automates claims triage, routing, and assignment. The platform uses a patented intelligent decisioning engine to evaluate over 25 standard and unlimited custom attributes per claim, then assigns the claim to the optimal adjuster or vendor in seconds instead of 1-4 days. It is delivered to insurance carriers, third-party administrators, and independent adjusting firms via multi-tenant SaaS with RESTful API integrations to claims management systems.
Is Claimatic a public or private company?
Claimatic is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Claimatic founded?
Claimatic was founded in 2006. It employs 11 to 50 people.
Where is Claimatic based?
Claimatic is headquartered in San Antonio, United States, in the North America region.
How does Claimatic make money?
Two revenue lines are on record. SaaS Platform Subscription is the primary driver. The others are implementation and Training Services.
Who are Claimatic's main competitors?
Emerging players on record are Tractable and Shift Technology. Broad incumbents are Vertafore, CCC Intelligent Solutions, Duck Creek Technologies, Guidewire Software and Verisk. Direct peers are Mitchell International, Snapsheet and One Inc.
Does Claimatic have an API?
Yes. Claimatic uses a RESTful API structure that enables integration with claims management systems, external resource management systems, HR systems, and license management systems. The APIs are fully documented and have not required changes in the last six years. The API allows Claimatic to trigger resource allocation and assignment from leading claims management applications as well as custom 'homegrown' systems.
What industry is Claimatic in?
Claimatic's product category is Insurance Claims Automation Software. Its primary akta.pro industry code is FSAGAGAC, Claims Management & Digital FNOL Platforms, with a secondary code of FSAGAGAB, Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS). Its NAICS code is 524291 and its SIC code is 6411.