CLARETO
The largest healthcare interoperability network purpose-built for life insurance underwriting.
Overview
Clareto is a healthcare interoperability company specializing in electronic health record (EHR) access for the life insurance industry. Founded in 2016 and headquartered in Richmond, Virginia, the company pioneered authorization-based EHR access solutions that enable life insurers to retrieve, consolidate, and analyze medical records electronically -- replacing the slow and costly traditional Attending Physician Statement (APS) process.
The Clareto EHR+ platform operates the largest healthcare interoperability network purpose-built for life insurance risk assessment, with connections to EHRs, health information exchanges (HIEs), and other data sources covering over 70% of the US population. Records are delivered in less than one day -- approximately 90% faster than traditional APS methods -- with average cost savings of 50%.
Originally founded as an independent company, Clareto was acquired by Munich Re Life US in April 2022. In May 2025, MIB Group acquired Clareto from Munich Re Life US, integrating its capabilities into the MIB EHR Service -- a comprehensive electronic medical data access solution for the life insurance industry. Munich Re Life US retained a strategic partnership to expand electronic medical data adoption and develop automated risk assessment analytics.
Products & Services
EHR+ Platform
Authorization-based electronic health record access solution connecting life insurers directly to EHRs, HIEs, and healthcare data sources covering over 70% of the US population. Enables retrieval of medical records without requiring additional portal credentials or consumer re-authorization.
Key Features
- Direct connections to EHRs, HIEs, and healthcare data sources via HL7 interoperability standards
- Covers over 70% of the US population health data
- Authorization-based access with no additional consumer re-authorization required
- Records delivered in less than one day
Target Users: Life insurance carriers and underwriting teams
MIB EHR Service (formerly Clareto EMD Service)
Automated medical data retrieval service for life insurance underwriting, now offered through MIB as the MIB EHR Service. Combines Clareto's healthcare interoperability network with MIB's Medical Data Solutions platform to create a comprehensive electronic medical data access solution.
Key Features
- Automated medical record retrieval for underwriting workflows
- Integration with MIB's existing Medical Data Solutions platform
- Straight-through processing support
- Configurable workflows with APS fallback options
Target Users: Life insurance carriers
RiskRighter EHR Summaries
Premium service delivering consolidated, intelligently extracted electronic health record data in multiple formats for downstream processing and underwriting review.
Key Features
- HTML reports (human-readable for underwriters)
- PDF (standardized format)
- XML (for data integration)
- JSON (structured data for automated processing)
Target Users: Life insurance underwriters
Automated EHR Summarizer
Announced April 2024 and co-developed with Munich Re Life US, this solution provides intelligent synopsis of EHR data with human-readable and structured digital outputs.
Key Features
- Human-readable HTML reports for underwriters
- Structured digital data for rules, models, and analytics
- Automatic extraction and normalization of EHR data
- Key point highlighting and triage guidance
Target Users: Life insurance underwriters and data science teams
Data Consolidation and Normalization
Service for cleansing and de-duplicating medical records from multiple healthcare sources, with configurable multi-vendor workflows.
Key Features
- Multi-source record consolidation
- Configurable APS fallback when electronic records unavailable
- Multiple APS vendor options
- Configurable 2, 3, or 4-day waiting periods before summarization
Target Users: Life insurance carriers with complex data workflows
At a Glance
- Founded
- 2016
- Headquarters
- Richmond, Virginia
- Employees
- 11-50
- Funding
- Acquired
Category & Focus
- Category
- Underwriting & Risk
- Subcategories
- Medical Data Access Healthcare Interoperability EHR Integration
- Insurance Verticals
- Life & Annuity
- Target Customers
- Carriers
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Last updated: 2026-05-11