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Gradient AI Study : AI reduces legal involvement in workers' compensation lost-time claims by 15%, saving insurers millions

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Title: Gradient AI Study : AI reduces legal involvement in workers' compensation lost-time claims by 15%, saving insurers millions
Publication: Boston : Gradient AI, 2023Physical description: 3 p.Notes: Sumario: Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced the results of a comprehensive research study showing that AI-enabled workers' compensation claims management reduced legal involvement for lost time claims by 15%. This reduction translates into a 5% savings in lost-time claim costs, equating to an estimated annual savings of $3.5 million based on the study's insurers managing an average of $70 million in lost-time claimsMateria / lugar / evento: Empresas de seguros Inteligencia artificial Aspectos legales Reclamaciones Indemnizaciones Reducción de costes Otros autores: Gradient AI
Other categories: 216.1
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