hrtechoutlook
Akos MD: Transforming Healthcare for Employees and Employers

Top 10 Workers Compensation and Disability Solution Companies - 2020

Workers compensation claims have witnessed a dip over the years, attributing to the changing workplaces. Although the compensation sector has remained conservative, an increasing number of organizations are adopting robust technologies to meet the requirements of modern workplaces. To meet the evolving needs of employees, it has become imperative for organizations to integrate the latest solutions and enhance their operational efficiency. By incorporating efficient AI, business analytics, and IoT, businesses can easily navigate through the highly regulated marketplace with ease and achieve favorable outcomes.

In order to assist business enterprises in the task of finding accomplished solution providers and consulting/service companies, we have compiled this issue of HR Tech Outlook. It is elaborately craft to assist you in fostering productive partnerships and improving performance. In this edition, we have listed the top 10 workers compensation and disability solution providers and the top 10 workers compensation and disability consulting/service companies to highlight their significant contributions to the HR sector. Equipped with innovative technological capabilities, these companies are set to transform the landscape. This edition also blends through thought leadership from subject-matter experts, CIOs, and CXOs, with real-life stories on how the solution providers have enhanced the capabilities of their clients. We hope this issue of HR Tech Outlook helps you build the partnership you and your organization need to foster a workspace driven by robust and efficient technology.

We present to you HR Tech Outlook, “Top 10 Workers Compensation and Disability Solution Providers – 2020,” and “Top 10 Workers Compensation and Disability Consulting/Service Companies – 2020

Top Workers Compensation and Disability Solution Companies

Akos MD offers a comprehensive telehealth platform that seamlessly integrates employee medical benefits and workers’ compensation in a single solution. Fully compliant with the Health Insurance Portability and Accountability Act (HIPAA), the intuitive platform allows employees to virtually connect with specialists anytime, anywhere, without going through the hassles of a physical visit. The connected care platform of Akos MD integrates nurse triage, telehealth, and care navigation in a real-time solution that allows employees the initial ease of access and efficient care delivery. Also, Akos provides a significant bend in the cost curve for employers by taking control of the employees’ medical expenses

akosmd.com

Cake Insure is a mobile-centric platform for Colorado business owners who need an easy, straightforward solution for workers’ compensation. With over 165 years of combined insurance industry experience, the Cake team knows workers' comp inside and out. The company stands apart by combining their expertise and knowledge with tech gurus, product design mavens, and client care specialists who want to reinvent and simplify how businesses buy insurance. Cake uses algorithms, but they do not leave the human aspect behind as they listen and understand the clients. Cake works directly with Pinnacol Assurance, the leading provider of workers’ compensation insurance in Colorado

www.cakeinsure.com

CompCorePro helps employers and adjusters control medical costs. The company’s compensation claims management system works to get employees back to work faster, saving you time and money. Founded in 2015, CompCorePro has successfully helped employers, insurance brokers, and insurance companies reduce workers' compensation claim costs using our state-of-the-art software and strategic services. The company’s specialized proprietary software and a team of workers compensation assistants help to effectively reduce workers' comp costs to the employer and close cases in a timely fashion, so employees return to work faster. CompCorePro has helped its clients achieve a 20-30 percent reduction in their workers' comp costs

www.compcorepro.com

Cerity

Cerity

Cerity empowers owners to quickly and easily protect their team, their assets, and their livelihood through an online workers’ compensation solution. With a digital-first approach, the company is transforming the entire insurance process - from purchasing and maintaining coverage to filing a claim - to be simple, fast, and secure. Cerity’s proprietary pricing model produces tailored quotes within seconds and can deliver a new policy in five minutes or less, enabling leaders to get back to what matters most - growing and scaling their operation. The company leverages artificial intelligence to provide fast and affordable solutions

ChronWell

ChronWell

ChronWell offers a genuinely innovative solution to serve the needs of injured workers better. The company pairs skilled professionals with powerful Artificial Intelligence (AI) technology to bring about more humane and cost-effective outcomes. ChronWell enables a new path forward for all parties to navigate the ins and outs of a system long-overdue for change. The company remains steadfast in its determination to enhance the lives of injured workers with compassion, respect, and better care. ChronWell’s forward-thinking approach features cost-effective services that help injured workers more easily achieve claim resolution, recover, and return to work faster

HR Performance Solutions

HR Performance Solutions

HR Performance Solutions is in the business of supporting innovative organizations with their purpose-driven compensation and performance management software. The company combines its industry-leading software with industry-leading consultants to make a difference for HR professionals across the country, truly changing the way you do HR. HR Performance Solutions focuses on its core areas of expertise so that they can deliver their solutions and expertise. The company’s team consists of passionate HR experts and software developers with a mission to create solutions that solve the most complex, but common, performance management and compensation challenges faced by all organizations

Mitchell International

Mitchell International

Mitchell is uniquely positioned to simplify, enhance, and accelerate claims handling processes across the P&C industry through deep workflow solutions that include unparalleled access to data, advanced analytics, and decision support tools. The business’s expert workflow and adjusting solutions advance the claims management process by enabling automotive physical damage, bodily injury, and workers’ compensation clients to process claims more accurately, consistently, and cost-effectively. Mitchell’s solutions provide an expert level of decision support and connectivity within the claims organization and with industry partners to achieve optimal outcomes. Mitchell’s comprehensive solution portfolio and robust SaaS infrastructure enable tens of millions of electronic transactions to be processed each month for over 300 insurance companies, including the majority of the top 25 insurance carriers, and over 30,000 collision repair facilities. With an expanding global footprint, the business’s products are currently utilized in the Americas, Europe, and Asia

Mobotory

Mobotory

As an artificial intelligence company, Mobotory moves client workflows from traditional analog methodologies to mobile, cloud-based operations. The business applies machine learning and statistical modeling methods onto client data, then integrate it with external data sources and also discovers trends and turn data into insights. Mobotory’s core platform assigns levels of probabilities and adapts to the changing conditions of streaming data sets, bringing the most accurate and up-to-date predictions. Artificial intelligence, machine learning, insurtech, risk mitigation, property inspection solutions, claim prediction, underwriter scoring, insurance liability, predictive analytics, mobile applications, AI platform, workers compensation management, and PaaS are some of Mobotory’s key offerings

Optum

Optum

Optum, a part of UnitedHealth Group, is a pharmacy benefit manager and care services group operating across 150 countries in North America, South America, Europe, Asia Pacific, and the Middle East. In 2011, United HealthGroup formed Optum by merging its existing pharmacy and care delivery services into the single Optum brand, comprising three main businesses: OptumHealth, OptumInsight, and OptumRx. Some of the specialties offered by the company include workers’ compensation, Pharmacy Benefit Management (PBM), critical care, durable medical equipment, settlement solutions, medicare set-asides, home health care, Mandatory Insurer Reporting (MIR), and auto no-fault

Origami Risk

Origami Risk

Origami Risk is a leading provider of integrated SaaS solutions for the risk and insurance industry—from insured corporate and public entities to brokers and risk consultants, insurers, third party claims administrators (TPAs), and risk pools. Highly configurable and completely scalable, Origami Risk delivers a full suite of risk management and insurance core system solutions from a single secure, cloud-based platform accessible via web browser and mobile app. The business’s software is supported by a service team of experienced risk and insurance professionals who possess a balance of industry knowledge and technological expertise. A singular focus on helping clients achieve their business objectives underlies Origami Risk’s approach to developing, implementing, and supporting its risk management and insurance core system technology solutions