Builders & Tradesmen's Insurance Services, Inc. (BTIS) has adopted Gradient AI’s underwriting solution to better predict risk and improve the pricing accuracy of workers' compensation policies. The partnership will enable BTIS to evaluate risks with greater precision and speed, capture more business, and reduce loss ratios.
Company Information
Company
Gradient AI
Location
Boston, Massachusetts, United States
About
Gradient AI is a leading provider of proven artificial intelligence (AI) solutions for the insurance industry. Its solutions improve loss ratios and profitability by predicting underwriting and claim risks with greater accuracy, as well as reducing quote turnaround times and claim expenses through intelligent automation. Unlike other solutions that use a limited claims and underwriting dataset, Gradient's software-as-a-service (SaaS) platform leverages a vast dataset comprised of tens of millions of policies and claims. It also incorporates numerous other features including economic, health, geographic and demographic information. Customers include some of the most recognized insurance carriers, MGAs, TPAs, risk pools, PEOs and large self-insureds across all major lines of insurance. By using Gradient AI’s solutions, insurers of all types achieve a better return on risk.
BostonInformation TechnologySoftwareArtificial IntelligenceSaaSMachine LearningInsurtechInsurance