BTIS adopts Gradient AI
Software provider Gradient AI announced that BTIS has adopted its underwriting solution to better predict risk and improve the pricing accuracy of workers’ compensation policies.
The MGU will leverage Gradient AI to create “highly customized and cost-effective” workers’ comp policies for its carrier customers, and deliver quotes “faster than before.”
“After seeing the success of Gradient AI with one of our carrier partners, we decided to integrate it with another carrier and into our proprietary workers’ compensation underwriting platform. We evaluated several options and chose Gradient AI because of its leadership in the field. Leveraging AI is key to enhancing the underwriting process for our customers and carrier partners. We are committed to delivering a world-class experience through our workers’ compensation marketplace, and Gradient AI is a crucial part of our strategy.” – Paul Hohlbein, president of BTIS.
“We are excited to partner with BTIS in its efforts to improve underwriting accuracy and efficiency. Our AI-driven underwriting solutions are designed to help MGAs like BTIS and other insurers achieve better outcomes by leveraging large, industry specific datasets and advanced machine learning models. We look forward to supporting BTIS as they continue to expand their work comp book of business aggressively and profitably.” – Stan Smith, CEO of Gradient AI.