Gradient AI
Gradient AI is a provider of artificial intelligence analysis solutions for the insurance industry. Their solutions are designed to improve loss ratios and profitability by predicting underwriting and claims risks, and suggest appropriate premium pricing. Gradient AI solutions use your data and regional data to make sure suggested prices are accurate based on risk and location.
ClientSpace currently offers two Gradient AI API integrations:
• | Gradient AI Health Benefits uses artificial intelligence to analyze your offered benefits plans and compare them to potentially thousands of other offered benefits plans submitted by other PEOs in your area. If you are a small to mid-size PEO and you do not have an on-site benefits expert, a Gradient AI Health Benefits analysis can provide insight into how your pricing stacks up against others to help you to determine if you are pricing benefits properly. See Gradient AI Health Benefits. |
• | Gradient AI Risk uses artificial intelligence to analyze Pricing Console batch information such as payroll, headcount, workers compensation position codes, and worker's compensation loss history (if available). Data from the submitted Pricing Console batch is processed by Gradient AI in real time and results are aggregated by each worker's compensation policy included in the batch. The results include information such as predicted losses and a suggested premium (i.e., Target Premium). See Gradient AI Risk. |
Note: A relationship and contract with Gradient AI is necessary to utilize either of these API connections.