Solva provides an AI-powered claims quality assurance platform that enables insurance carriers to audit 100% of claims in real time, rather than relying on small retrospective samples. The platform continuously evaluates open claim files, surfacing actionable issues like reserve inaccuracies or missed subrogation opportunities directly to the people who can act. Solva is built on deep insurance domain expertise and is designed to integrate into live operations, with security certifications including HIPAA, ISO 27001, and SOC 2 Type II.
Funding
$6.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
FRPGFounders
Product
Problem
Traditional claims quality assurance relies on manually auditing a small sample of claims—often around 5% or less—with findings delivered weeks or months after decisions are made. This retrospective approach means the opportunity to influence claim outcomes has passed, turning QA into a compliance exercise rather than a strategic tool. Additionally, manual sampling is inconsistent, as supervisors review their own teams and apply varying standards, making aggregate scores difficult to act on.
Solution
Solva provides an AI-powered claims intelligence platform that enables insurers to evaluate 100% of claims in real time, applying a consistent standard across the entire book of business. Instead of generating retrospective reports, the system continuously analyzes open claim files and surfaces actionable issues—such as reserve inaccuracies, missed subrogation opportunities, delayed investigations, or unsupported liability decisions—directly to the people who can act on them. This real-time approach shifts claims QA from a backend process to a strategic lever that improves dollar outcomes while the claim is still open. Solva is built with deep insurance domain expertise and is designed to integrate into live operations, meeting the regulatory and operational standards of real-world carriers.
Target Audience
Primary customers are P&C insurers, specialty carriers, and third-party administrators (TPAs) seeking to improve claims outcomes, reduce manual review effort, and move from retrospective sampling to real-time, full-book quality assurance.
Features
- AI-powered evaluation of 100% of claims, eliminating the need for manual sampling
- Real-time detection and surfacing of actionable issues, including reserve changes, subrogation opportunities, and liability concerns
- Consistent, systematic application of quality standards across the entire claims portfolio
- Built on deep insurance domain expertise, with the team having built $100M GWP insurance businesses and AI systems supporting €1B in payouts
- Security and compliance certifications including HIPAA, ISO 27001, SOC 2 Type II, and GDPR alignment with EU-native data hosting