Today, Cloud Software Group, Inc.’s Inform company (Inform) was successfully acquired by Klear.ai, a pioneer in native AI insurance software solutions for claims, risk, and analytic solutions (Cloud Software Group). Inform is a vendor of the Cloud Software Group’s Risk Management Information System (RMIS).
“We are incredibly pleased to welcome the Inform business and Inform’s valued customers to Klear.ai. This strategic move fortifies Klear.ai’s position as an industry leader in native AI Risk and Claims Management software, with Inform’s 35-year track record of maximizing risk analysis, enhancing safety, and improving operations. The complementary offerings of Klear.ai and the Inform business create a compelling value proposition for businesses seeking innovative, future-focused risk management solutions.” -Brijesh Kumar, CEO of Klear.ai
Craig Weiss, who is joining Klear.ai after 22 years as part of the Inform team, echoed Kumar’s excitement, saying, “I am delighted about Klear.ai’s forward-thinking vision and the impact they are bringing to this industry. As we looked to the future needs of Inform Application and our valued customers, we researched the market and determined that Klear.ai offered excellent technology, superior customer support as well as a business synergy that would produce a winning combination for both. I believe our risk experience and RMIS expertise will complement our ability to bring industry-leading, comprehensive risk management solutions to the market.”
Insurance companies, self-insured businesses, and governmental organizations will benefit from the integration of Inform’s comprehensive and user-friendly RMIS into Klear.ai’s current risk, claims, and analytics product suite. Customers will benefit from the combination’s enhanced decision-making capabilities and comprehensive, accurate understanding of their risk environment.
Brijesh Kumar, CEO of Klear.ai, expressed his enthusiasm for the acquisition, stating, “We are thrilled to have Inform as part of Klear.ai. With our native AI-based risk and claims software, Inform is a natural fit for our vision of delivering advanced solutions for businesses to predict risks before they result in unfavorable reputations or financial performance.”
