- Claritev's (CTEV, Financial) Ceres® wins "Data Solution of the Year for Insurance" at the 2025 Data Breakthrough Awards.
- Ceres® utilizes AI insights and extensive claims data to transform supplemental insurance design.
- The platform offers advanced capabilities for data-driven decision making and strategic benefit recommendations.
Claritev Corporation (CTEV), a leader in healthcare technology and data solutions, has announced that its Ceres® platform has been awarded the prestigious "Data Solution of the Year for Insurance" title at the 6th annual Data Breakthrough Awards. This recognition highlights the platform's innovative use of AI-powered insights and its ability to revolutionize supplemental insurance plan design.
Ceres® empowers insurance carriers by transforming the traditional intuition-based plan design into a data-driven approach. It leverages de-identified claims data from over a million members to provide unbiased and customized benefit recommendations. This allows carriers and benefits brokers to accurately model different census scenarios, predict utilization, and determine payout amounts, ultimately ensuring optimal plan offerings specific to each population's needs.
Travis Dalton, Chairman, CEO, and President of Claritev, emphasized the company's philosophy that technology should serve to empower people rather than replace them. He noted, "Ceres exemplifies this ideology by enabling strategic advisors to confidently recommend the right products that align with specific population needs, thus enhancing the value of supplemental benefits."
The Data Breakthrough Awards program, known for recognizing top players in the global data technology market, received thousands of nominations this year. Steve Johansson, Managing Director of Data Breakthrough, praised Ceres for its next-generation thinking, stating that it sets a new standard in the supplemental benefits arena.
With this award, Claritev continues to solidify its reputation as a forward-thinking entity in health information services, offering powerful tools that aid in making insurance more transparent, fair, and tailored to consumers' needs.
