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Qantev raises €30 million in new funding round from Blossom Capital.
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The leading AI claims platform for health & life insurance

Leading insurers globally use Qantev to automate claims operations, reduce leakage, improve loss ratios, enhance data quality, and elevate customer experience.

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Products

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Claims management

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Fraud, waste & abuse

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Data acquisition

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Products

The smart way to claims efficiency

Claims management

Automated end to end claims platform with AI decision models for data acquisition, policy & coverage checks, medical coding & consistency checks.

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75%

Straight through processing & automation.

10%

Reduction in claims total costs.

Fraud, waste & abuse

Reduce leakage and improve your loss ratios with our robust & specialized AI fraud, waste and abuse detection models for health and life.

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72%

Fraud, waste and abuse detection hit rate.

35%

Increase in SIU team efficiency.

OCR & data acquisition

Specialized and contextual AI-driven tools to capture, clean, enrich & digitize data from any type of claims document, in any language.

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99%

OCR accuracy for printed, 90% for handwritten.

85%

Efficiency gains vs manual input.

Network management

Improve your medical provider network's performance through automated AI-driven insight, pricing gap detection, strategy recommendation, simulations, and more.

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34%

Reduction in abnormal procedures.

8%

Claims cost reduction.

Why Qantev

Setting the new standard

Health experts

Team of medical doctors and insurance experts who understand claims complexities.

AI pioneers

A dedicated team of machine learning researchers and Ph.D. experts since 2019.

SaaS platform

Out of the box, flexible & risk free AI solution going beyond industry best practices.

Proven use cases

Strong track record with 3-6x ROI achieved within 12 months for 20+ clients globally.

Rapid deployment

Average of 4 to 6 months platform deployment and integration within insurer's ecosystems.

Modular & adaptive

Scalable architecture & adaptive algorithms for continuous improvements & growth.

Results at lightning speed

A proven track record of enhancing health and life insurers' operations and boosting their bottom line.

3-6x

ROI within a year of adoption

10%

Reduction in total claims costs

30%

Faster internal processes

25%

Increase in customer satisfaction

"By embracing Qantev’s AI technology, we are significantly advancing our commitment to providing our clients with the highest standards of service. This partnership not only strengthens our claims processing capabilities but also reinforces our dedication to combating fraud, ensuring a secure and trustworthy environment for our customers."
Wolfgang Droste
Group CEO of Pacific Cross
TRUSTED BY
20+ Insurers worldwide
Company

We're Qantev for a reason

A team of AI and healthcare enthusiasts united to help insurers deliver superior healthcare to their members through cutting-edge AI-driven technology.

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Talk to one of our experts

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