Case Study: a national carrier reduces loss ratio with Gradient AI

National Carrier Company - Customer Case Study

The customer, a national carrier, was facing significant losses from its Business Owner's Policies and sought to identify and avoid the most unprofitable risks at the time of application. To meet this challenge, they partnered with Gradient AI and implemented its Loss Ratio Targeting solution.

Gradient AI's solution used proprietary risk scoring to identify the highest-risk applications in real-time. By integrating this into their underwriting platform, the carrier avoided $6 million in losses and increased profitability by $3 million. This action also reduced their loss ratio from 61% to 54%, demonstrating the significant impact of Gradient AI's service.