Klear.ai and Carepay Partner to Accelerate Digital Insurance Claims Payments

Klear.ai and Carepay Partner to Streamline Insurance Claims Payments

Klear.ai, a platform focusing on policy, claims, risk, and analytics, has joined forces with payment automation provider Carepay. This collaboration integrates Carepay’s digital disbursement technology directly into Klear.ai’s claims solution. It enables organizations to issue payments via ACH/EFT, virtual card, or check without leaving their existing systems.

By embedding payment options within Klear.ai’s core workflow, the need for external portals or manual steps is eliminated. This integration accelerates payment disbursements, reduces administrative workload, and enhances vendor satisfaction.

Who Benefits from This Integration?

• Self-insured employers
• Third-party administrators
• Insurance carriers
• Risk pools

For these groups, disbursements become seamless and easily trackable. The process is supported by real-time insights and built-in artificial intelligence automation, making it more efficient and transparent.

Closing the Manual Gap in Claims Payments

According to Pete Govek, Chief Revenue Officer at Klear.ai, claims payments remain one of the last manual steps in an otherwise digital claims process. This partnership removes that obstacle, offering clients a faster, smarter way to complete the payment cycle within a trusted platform.

Instant disbursements have gained importance beyond convenience. They’ve become essential for many, including younger generations and gig workers, as a critical income stream. Research shows that instant payments have grown from 16% of income and borrowing payments in 2020 to 45% just five years later.

Faster Claims Payments Benefit Everyone

Insurance expert Sarah Owen highlights the cost and customer experience benefits of speeding up claims payments. The longer a claim remains open, the higher the costs—for rental cars, temporary housing, and repairs. Closing claims quickly improves satisfaction and reduces expenses for carriers.

This partnership between Klear.ai and Carepay addresses these challenges by integrating payment disbursements directly into the claims workflow, making the entire process more efficient for insurers and their customers.

For professionals interested in how AI and automation are transforming insurance and payment processes, exploring targeted courses can be beneficial. For example, automation training offers practical skills to streamline workflows and improve operational efficiency.