Group Health Solutions for Stop Loss Carriers, MGUs, and Captives
Assess proper ISL limits for prospective groups
Recognize high risk claims that will pierce deductible layers
Identify drug utilization and conditions for care management
Decrease quote turnaround time
Enable straight-through processing
Make more informed decisions, faster
Group health underwriting is a fiercely competitive business where speed, accuracy, and pricing drive success. The ability to discern risk at a nuanced level makes all the difference.
What if you could identify good risks that others miss, and price them to win, while avoiding bad risks or pricing them so you can maintain a healthy loss ratio? Imagine if you could do this while also dramatically reducing quote turnaround times.
Now you can, with the power of Gradient AI’s
SAIL™ Solution for Group Health Underwriting.
Better Risk Assessment. Better Underwriting.
SAIL™ for New Business
Improve your risk assessment capacities through a combination of machine learning, and our vast SAIL™ dataset, comprised of medical, prescription, and lab data, to obtain predictive insights to identify risk with speed and accuracy never before possible.
Our SAIL™ dataset, combined with our modeling expertise, uniquely positions Gradient AI to help you price more accurately, better manage risk, and grow more profitably.
Enhance your underwriting capabilities by gaining a more complete in-depth picture of risk to compete more effectively and win more business while improving loss ratios. Gradient AI’s Group Health Underwriting Suite enables you to:
- Price policies more accurately and aggressively
- Capture more business with streamlined underwriting and faster quote turnaround times
- Better manage risk and reduce loss ratios with deeper insights into group risk
“We chose Gradient AI because of all the solutions we researched; it made us feel the most comfortable. We felt it had equal parts accuracy, with the data to back it up. We increased our overall underwriting production and efficiency this past busy 1/1 quote season. We had no backlog and tripled our production in sold fully insured cases.”
– Steve Schroeder, Vice President for Level Funding,
Dallas Risk Management (MGU)
“We are focused on delivering health insurance to drive the delivery of quality healthcare at a lower cost. We recognized the potential for AI to help us realize this goal and provide a better customer experience. Our success has been driven not only by Gradient SAIL’s accurate and deep risk assessments but also the ability to integrate the intelligence we have gained directly into our underwriting processes.”
– David Voorhees, Founder and CEO, True Captive Insurance
Resources to learn more
- Blog: Understanding AI’s Impact on Group Health Underwriting: The Carrier Perspective
- Blog: Driving Change Management: Strategies for Successful AI Adoption in Group Health Insurance Underwriting
- White Paper: 3 Challenges Facing Stop Loss Carriers and How AI is Addressing Them
- White Paper: How AI Can Be Used in Insurance
- White Paper: How AI Addresses 5 Key Challenges in Group Health
- Webinar: How Carriers Are Leveraging AI to Improve Underwriting
- Video Client Interview: AI Boosts Efficiency in Group Health Underwriting
- Brochure: SAIL Solution for Medical Underwriting
- Brochure: AI Solutions for MGAs and MGUs
- Article: What Healthcare Insurers Need to Consider Today
- Press Release: Prodigy Adopts Gradient AI’s SAIL™ for Enhanced Medical Stop Loss Insurance Risk Management
- Press Release: True Captive Insurance Selects Gradient AI to Provide Deeper Insights, Cost Efficiency for Healthcare Insurance
- Press Release: Medical Risk Managers Expands Stop-Loss Insurance to Small Businesses with Gradient AI
- Press Release: Bardon Insurance Bolsters Medical Stop-Loss for Self-Funded Employers with Gradient AI