By leveraging AI-powered predictive analytics and a large industry dataset, Engage PEO continues to enhance its risk assessment capabilities, allowing for an increased risk appetite as it expands into new markets and services a broader range of clients.
“Gradient AI’s ability to harness AI to glean insights from its vast data lake, predict future outcomes, and make more informed decisions has contributed significantly to the success of our Work Comp program,” said Julie Cirillo, chief risk officer, Engage PEO. “It has even expanded our risk appetite – we now consider higher risks we previously would have declined quoting. The model enables us to accurately evaluate that risk, we have expanded our market reach and increased profitability. In addition, Gradient AI has significantly streamlined our underwriting process, reducing evaluation times from hours to minutes.”
Learn more about how Engage is using AI to strengthen risk management.