Gradient AI, a leading enterprise software provider delivering artificial intelligence (AI) solutions for the insurance sector, has launched an upgraded version of its Workers’ Compensation Underwriting Risk Score Solution.
The company, headquartered in the United States, focuses on transforming insurance processes through predictive analytics and machine learning.
The release addresses growing industry needs for more precise risk segmentation, faster quote generation, and alignment with evolving regulatory frameworks.
As insurers navigate increasing complexity in both customer expectations and compliance, Gradient AI aims to equip them with tools that deliver operational efficiency and improved profitability.
Gradient AI is known for offering AI-powered solutions tailored to the insurance market. The company works with carriers, third-party administrators, and managing general agents (MGAs), leveraging data-driven models to optimise underwriting, claims, and policyholder insights. Its products are designed to empower clients through automation and real-time decision support.
The enhanced Workers’ Compensation Underwriting Risk Score Solution introduces a model built on Gradient AI’s vast contributory claims dataset, encompassing tens of billions of dollars in premiums.
The new version allows for sharper risk segmentation, meaning insurers can better price policies and avoid unprofitable exposures. Notably, the model functions without needing client-specific data during initial deployment, drastically reducing setup times from months to days.
Gradient AI’s updated model also stands out for its commitment to fairness and compliance.
It aligns with guidelines from the National Association of Insurance Commissioners and various state AI directives. This regulatory-ready approach ensures insurers can use AI responsibly while remaining ahead of legislative scrutiny.
Early adopters of the solution have reported significant improvements, including a 5-point boost in loss ratios, an 80% acceleration in quote turnaround times, and an 86% increase in bound premiums—underscoring the tangible benefits of the enhanced model.
Additionally, the new solution surpasses traditional and consortium-based approaches by combining job-specific risk scoring, a proprietary claims database of over 200 carriers and MGAs, and full compliance with AI regulations. These factors contribute to a differentiated offering that addresses both performance and ethics in AI underwriting.
Gradient AI founder and CEO Stan Smith said, “With this release, we’re empowering insurers to underwrite smarter, grow faster, and stay ahead of regulatory scrutiny. Our regulatory compliant model and improved accuracy gives carriers the tools they need to make data-driven decisions and grow profitably, while being prepared for future AI regulations.”
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