Grants and Contributions:

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Title:

Predictive Analysis Research, Development and Deployment

Agreement Number:

990166

Agreement Value:

$364,468.00

Agreement Date:

May 16, 2022 - Jul 31, 2023

Description:

With 1000’s of data points and a partner of 10 years in this space, Report Mate would like to start research into predictive analytics that would determine the outcome of a claim, based on health record review and previous case results. This would allow insurance companies to accurately predict required reserves, reduce the spend on IMEs and more accurately review claims in-house. However, to do this, Report Mate needs to develop a more enterprise focused product, aimed at the insurance space and build a machine learning model to support predictive analytics software.

Organization:

National Research Council Canada

Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:

St. John's, Newfoundland & Labrador, CA A1B 2N5

Reference Number:

172-2022-2023-Q1-990166

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

724083076

Recipient Type:

For-profit organization

Additional Information:

This agreement has been amended 1 time(s). The total amended value is 124,468 dollars.

Amendment Date

Jan 31, 2023

Recipient's Operating Name:

ReportMate

Recipient's Legal Name:

Report Mate Inc.

Federal Riding Name:

St. John's East

Federal Riding Number:

10006

Program:

Industrial Research Assistance Program – Contributions to Firms

Program Purpose:

Coverage:

IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.

NAICS Code:

511211

Amendments:

See Amendments