LossLens

LossLens is a web app (with optional mobile companion) for insurance carriers and MGAs to detect claim leakage and operational waste early—before reserves harden and payouts balloon. It ingests claims notes, adjuster activity logs, invoices, and vendor data, then flags patterns that correlate with overpayment, slow cycle times, and inconsistent handling (e.g., duplicate invoices, excessive rental days, attorney involvement triggers, vendor price outliers). The product is not a “magic AI adjuster”; it’s a decision-support layer that produces explainable alerts, checklists, and audit trails for supervisors and SIU/quality teams. Teams can triage alerts, request documentation, and track outcomes to quantify savings. Expect messy data and integration friction; the MVP should focus on one line (auto or property) and a narrow set of high-confidence leakage signals. If you can’t prove ROI within 60–90 days, customers won’t renew.