Workers’ Comp
Underwriting Solutions
Workers' Comp Underwriting Solutions
Want to learn more?
Want to learn more?
With Gradient AI, insurers enhance their underwriting capabilities by gaining a more complete, in-depth picture of risk.
Gradient AI enables insurers to recognize risks that might otherwise have been missed, and price accordingly, or decline the business depending on strategic priorities.
Gradient AI helps:
- Price policies more accurately and with deeper insights, to compete more effectively and win more business while improving loss ratios
- Enable Straight Through Processing by identifying low risk applications
- Accelerate expansion into a new geography, new line of business or a new industry sector, leveraging data to gain a deeper understanding of risk in new markets
Workers' Comp Underwriting Solutions include:
Underwriting Risk Ranking
Gradient AI’s Underwriting Risk Ranking product evaluates a submitted policy and returns the Gradient AI Risk Score, which is a score representing the predicted loss ratio for the submission, relative to the overall expected loss ratio.
Audit & Misclassification
Gradient AI’s Workers' Compensation Audit & Misclassification product predicts the likelihood of a change in premium after an audit. The solution also displays potentially missing class code exposure. These outputs can be used to drive payroll audit timing and methodology in order to reduce premium.
Learn how Gradient AI's solutions can benefit your organization.
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About Gradient AI
Gradient AI is a leading provider of proven artificial intelligence solutions for the insurance industry. Our solutions improve loss ratios and profitability by predicting underwriting and claims risks with greater accuracy, as well as reducing quote turnaround times and claim expenses through intelligent automation.
Gradient AI is SOC2 compliant and HITRUST certified.
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