Collaboration Between Players Health, Socotra, and Cloverleaf Analytics Sets New Industry Standard for Data-Driven Sports Insurance Solutions
Las Vegas, Nevada – October 31, 2023 – Players Health, a leading provider of insurance solutions prioritizing athlete health and safety, has taken a significant step forward by selecting Cloverleaf Analytics’ Insurance Intelligence platform to further enhance their capabilities. Already a customer of Socotra’s insurance technology, this collaboration underscores Players Health’s commitment to leveraging advanced analytics for optimal business performance to support its mission of providing the safest environments for athletes.
Players Health provides state-of-the-art technology, risk management, and insurance products to help protect young athletes and give them safe places to play the sports they love. With over 400,000 amateur sports organizations and 45 million children playing an organized sport in the U.S. today, there is a significant need for these organizations to step up and put the safety and wellness of athletes first. Players Health works with several thousand sports organizations, such as U.S. Youth Soccer, NFL Flag Football, and 3Step Sports. Along with background checks as a first line of defense, the company also provides organizations with training in Abuse Prevention, Sudden Cardiac Arrest, and Concussions to help mitigate risk for their clients.
In embracing Cloverleaf Analytics’ Insurance Intelligence platform, which includes artificial intelligence (AI), machine learning (ML), and natural language processing (NLP) capabilities integrated with Socotra, Players Health is poised to elevate its data-driven strategies and bolster its services for sports organizations. By harnessing the power of insurance intelligence, Players Health aims to streamline operations, enhance risk assessment, provide more tailored insurance quotes, and ultimately deliver an even higher standard of care and protection to their valued clients.
Players Health already benefits from Socotra’s robust, cloud-based insurance platform which enables seamless policy management, claims processing, and underwriting processes. Cloverleaf Analytics’ platform will further enhance Players Health’s value proposition by providing actionable insights derived from data analytics, AI, ML, and NLP to optimize risk assessment and improve decision making.
“We are excited to integrate Cloverleaf Analytics’ cutting-edge Insurance Intelligence platform with Socotra to reinforce our dedication to athlete well-being and streamline our operations,” said Sandeep Bajaj, Group CIO of Players Health. “This strategic move empowers us to make data-driven decisions, optimize our insurance offerings, and better serve the sports community, ensuring a safer and healthier environment for all.”
“With the implementation of the Cloverleaf Analytics platform, we are poised to unlock the full potential of our data assets, allowing us to develop and deliver impactful products and services that cater to the unique needs of our customers,” said Pramodh Lakshmipathy, Chief Product Officer of Players Health.
Socotra’s robust insurance platform has been a foundational element of Players Health operations, providing agility and scalability for their insurance processes. The integration of Cloverleaf Analytics’ Insurance Intelligence adds a layer of sophisticated analytics, enabling Players Health to extract actionable, near-real-time insights from their data and make more informed business decisions.
“Players Health made a crucial step in their business transformation by choosing Socotra, and we are thrilled to see them extend their capabilities by integrating Cloverleaf Analytics’ Insurance Intelligence platform,” said Mike Benayoun, Director of Partnerships at Socotra. “This collaboration demonstrates the importance of combining innovative technologies to drive efficiency and deliver enhanced value to the insurance industry.”
Cloverleaf Analytics, known for its advanced analytics solutions tailored for insurance, is honored to welcome Players Health as a customer. This partnership represents a fusion of expertise, with the shared goal of leveraging data-driven strategies to transform the insurance landscape.
“We warmly welcome Players Health to the Cloverleaf family as they integrate our Insurance Intelligence platform with Socotra’s innovative, cloud-based core systems technology. Together, we aim to redefine how data analytics can shape insurance offerings and safety for athletes,” said Michael Schwabrow, Executive Vice President of Sales and Marketing at Cloverleaf Analytics. “We are committed to supporting Players Health in their mission to provide superior insurance solutions to the sports community.”
This partnership represents a powerful alliance, bringing together expertise in sports insurance, cloud-based insurance technology, and advanced data analytics.
About Players Health:
Minneapolis-based Players Health is a sports technology platform providing digital risk management services, reporting tools, and insurance products to sports organizations to comply with the changing athletic environment and responsibilities. Working towards establishing the safest environment for athletes, Players Health views the health and safety of athletes as a priority in today’s sports landscape. Visit playershealth.com.
About Cloverleaf Analytics:
Cloverleaf Analytics is the leader in insurance intelligence solutions, having evolved from Business Intelligence (BI) into providing advanced tools using ML and other emerging technologies to empower carriers to achieve unparalleled growth. Cloverleaf enables carriers in diverse lines of business to create modern products that help insurers remain competitive against new market entrants while redefining what consumers and businesses understand as the meaning of insurance value. For more information, please visit www.cloverleafanalytics.com.
Uniquely agile and scalable, Socotra empowers insurers of all sizes to think, act, and grow more effectively and efficiently with the industry’s only proven, mature enterprise platform. Businesses running Socotra experience fast and easy implementations, effortless upgrades, and lower TCO. The Socotra App MarketPlace™unlocks access to the full power of the insurtech ecosystem, and Socotra CorePlus™provides ready-to-use, complete solutions for personal auto and homeowners. With a relentless focus on tomorrow, Socotra offers the ability to put insurance and innovation hand in hand. Socotra serves P&C and life insurers worldwide. Learn more at socotra.com.