Allied Nationwide Selects Gradient AI to Streamline its Group Well being Underwriting Course of to Help Strategic Progress

Gradient AI’s Resolution Improves Underwriting Accuracy, Reduces Quote Turnaround Time, Enhances Buyer Expertise

Gradient AI, a number one enterprise software program supplier of synthetic intelligence (AI) options within the insurance coverage business introduced at present that Allied Nationwide, one of many nation’s oldest Third-Social gathering Directors (TPAs), is integrating its SAIL™ answer to streamline the underwriting course of for its small group level-funded product. By utilizing Gradient AI, the corporate can extra precisely predict dangers to determine pricing, cut back quote turnaround time, and enhance the shopper expertise whereas providing aggressive pricing.

Allied Nationwide makes a speciality of particular person and small group risk-based merchandise for corporations with two to 100 staff. As a result of its latest development, the corporate sought to streamline and enhance its underwriting course of to help its future growth. The objective was to realize a extra full image of a gaggle’s threat profile whereas lowering the guide time and effort to develop an correct and aggressive quote.

After evaluating aggressive options, Allied selected Gradient AI’s SAIL product because of the answer’s robustness and its distinctive mixture of each prescription and medical information to tell its predictions. The corporate is now in manufacturing with SAIL and has built-in it into its underwriting operations. It has change into an integral a part of Allied Nationwide’s strategic development plan as the corporate continues to serve the rising market.

“In the course of the proof of idea, we discovered that SAIL’s extremely correct threat evaluation capabilities mixed with its entry to prescription and medical information, makes it superior to different options within the market,” said Invoice Ashley, CEO of Allied Nationwide. “SAIL allows us to turnaround quotes shortly at a aggressive worth for focused teams with the arrogance that we have now a extra full image of a gaggle’s threat.”

SAIL is Gradient AI’s group medical underwriting answer that evaluates the potential value of submissions, supplies clever predictions, and integrates into the automated underwriting processes. It has already efficiently automated Allied Nationwide’s many guide processes related to underwriting, together with eliminating cumbersome particular person well being questionnaires. Accessing each prescription and medical information has enabled Allied Nationwide to make use of a streamlined 5 query knockout utility to get rid of any short-term particular threat that might not be revealed within the dataset.

“We’re proud and excited to have one of many nation’s oldest and most revered TPA’s select Gradient AI to help its underwriting operations,” said Stan Smith, CEO and Founding father of Gradient AI. “We sit up for our continued partnership with Allied Nationwide and help its work to supply its prospects prime quality and aggressive medical health insurance options.”

About Allied Nationwide

Allied Nationwide, a 90 Diploma Advantages Firm, was based by the Ashley household in 1970, is among the oldest Third-Social gathering Directors within the nation. All through its historical past Allied has introduced experience and innovation to the small employer and particular person profit market. Allied developed one of many first A number of Employer Belief plans serving small employers in 1970 and has operated within the fully-insured particular person and small group markets for over 50 years. Allied is a nationally acknowledged model title with distinctive services that make it the administrator of selection for over 110,000 members nationwide. It gives services to a broad market space throughout the nation and is a long-term participant and chief offering innovation within the business. Allied focuses on non-ACA merchandise together with small employer level-funded packages and short-term medical merchandise for people.

90 Diploma Advantages is a well being advantages firm with a mission to assist employers “Make the Proper Flip™” for his or her enterprise with strategically crafted profit choices. 90 Diploma Advantages has 18 workplaces serving over 425,000 members nationwide. 90 Diploma Advantages is a subsidiary of Blue Cross Blue Defend of Alabama.

About Gradient AI

Gradient AI is a number one supplier of confirmed synthetic intelligence (AI) options for the insurance coverage business. Its options enhance loss ratios and profitability by predicting underwriting and declare dangers with better accuracy, in addition to lowering quote turnaround occasions and declare bills by way of clever automation. In contrast to different options that use a restricted claims and underwriting dataset, Gradient’s software-as-a-service (SaaS) platform leverages an enormous dataset comprised of tens of thousands and thousands of insurance policies and claims. It additionally incorporates quite a few different options together with financial, well being, geographic and demographic data. Prospects embrace among the most acknowledged insurance coverage carriers, MGAs, TPAs, threat swimming pools, PEOs and huge self-insureds throughout all main strains of insurance coverage. By utilizing Gradient AI’s options, insurers of every kind obtain a greater return on threat. To study extra about Gradient, please go to:

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Elyse Familant
[email protected]


Supply: Gradient AI

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