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Top 10 Workers Compensation and Disability Solution Companies - 2019

Workers’ compensation continues to be extremely competitive, with technology playing an ever larger role in insurers’ ability to attract, retain, and profitably serve clients. Across the industry, insurers continue to make investments and embrace modern technologies, as they build an ecosystem that focuses on providing better medical outcome for injured employees.

At the core of implementing better service for employees is effectuating an improved communication system for workers to report information in real-time and eliminate unnecessary paperwork and delays. This can allow critical information to be accessed by any party that needs to see it—such as HR administrators, preferred medical providers, and others—and allow claims to be processed more quickly and conveniently. In the coming years, the communication systems shall also display usage of virtual assistants and chatbots to help collect the right information more easily.

That said, the industry is also geared to use advanced data management systems for collecting and processing claims more accurately. Not only can the digital collection of data allow for important analysis, but technologies such as machine learning and AI can further augment its functionalities that help prescribe actionable measures for continuous improvement.

Keeping these trends in mind, today there are numerous products and services available to upgrade traditional Workers’ compensation and disability management systems. With the objective of helping organizations zero in on the best solution providers in the realm, a distinguished panel comprising CIOs, CEOs, CTOs, analysts and the HR Tech Outlook’s editorial board has reviewed numerous companies and selected the outstanding ones. The featured firms demonstrate exceptional ability to innovate and customize solutions to suit clients’ requirements.

In this edition of HR Tech Outlook, we present to you “Top 10 Workers Compensation and Disability Solution Providers – 2019.”

Top Workers Compensation and Disability Solution Companies

Digital platform for business owners who need a straightforward solution for workers’ compensation

cakeinsure.com

Offers proprietary software that helps employers to monitor and manage claims while providing the highest quality of care to employees, timely case closures, and decreased claim costs

compcorepro.com

Acrometis

Acrometis

Offers automated claims processing platform that enables users to have meaningful changes to their claims processing environment- leading to cost-effective operations and increase in profitability

ChronWell

ChronWell

Provides innovative AI-based solution that helps injured employees seamlessly move through the process of incident management to claim resolution

Curo Compensation

Curo Compensation

Enables organizations to achieve the biggest impact, through compensation, to drive business performance and employee engagement while ensuring pay transparency, equity and compliance

Equian

Equian

Offers a full suite of payment integrity technologies and solutions that enhance workflow efficiency and minimize the likelihood of errors and overpayments

One Call

One Call

Creates and delivers innovative and comprehensive workers’ compensation solutions for providers, payers and patients

ProcessMAP

ProcessMAP

Provides SaaS platform to enhance organizational efficiency in key areas of Health and Safety Management; Risk & Claims Management; Environment & Sustainability; and Compliance & Quality Management

Sedgwick Claims

Sedgwick Claims

Delivers innovative, industry-leading progressive product development, organic expansion and strategic acquisitions solutions for clients and business partners

Sentio

Sentio

Utilizes mental makeup analyses and artificial intelligence to predict success and behavior in different environments—at a company, on a sports team, or at a school