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2022 RMIS Report

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56 56 ©2022 Redhand Advisors. All rights reserved. Company Overview Gradient A.I. provides artificial intelligence-driven SaaS solutions exclusively for the insurance industry. We can improve your company's underwriting by helping you more accurately identify the risks inherent in new and renewal applications, and we can improve your claims management by helping you more accurately identify the claims that pose the most risk. Gradient AI Product Information Gradient AI is a leading provider of proven artificial intelligence (AI) solutions for the insurance industry. Its solutions improve loss ratios and profitability by predicting underwriting and claim risks with greater accuracy, as well as reducing quote turnaround times and claim expenses through intelligent automation. Unlike other solutions that use a limited claims and underwriting dataset, Gradient's software-as-a-service (SaaS) platform leverages a vast dataset comprised of tens of millions of policies and claims. It also incorporates numerous other features including economic, health, geographic and demographic information. Customers include some of the most recognized insurance carriers, MGAs, TPAs, risk pools, PEOs and large self-insureds across all major lines of insurance. By using Gradient AI's solutions, insurers of all types achieve a better return on risk. Technology Overview Gradient uses a combination of cutting-edge artificial intelligence techniques – from machine learning to deep learning – to deliver predictions related to various aspects of underwriting and claims management. Service Methodology Dedicated client executives are available 24/7 for each client. Implementation Methodology Current workflow is mapped to determine the best place to integrate the solution. Historical data is ingested for model training and mapped to Gradient's proprietary data schema. Models are trained and backtested on each client's data before being put into production for the client. Customer Experience Support Hours 24/7 Support Offered • Dedicated Account Representative • Email • Phone User Conference N/A Client Advisory Council N/A Product Release Schedule Continually updated Implementation Time 45-120 days Product License Annual license Customers Users Deployment SaaS Hosting Vendor hosted Security Certifications SOC2 3rd Party Assessment 2020 Data Encryption | Yes Browsers Browser agnostic gradientai.com Company Info Ownership Private equit y backed Founded | 2012 Headquarters & Locations • Boston, MA Leadership • Stan Smith, Founder and CEO • Jeff Snider, General Manager • Heeren Pathak, CTO • Anthony Tuffile, CRO Annual Revenues Contac t Stan Smith 888-958-5846 stan.smith@gradientai.com Top Industries • Finance & Insurance • Government • Healthcare • Insurance Produc t Of ferings • Data Analytics/ Predictive Modeling Gradient AI

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