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Origami Risk LLC and Gradient A.I. Corp. have formed a partnership allowing Gradient’s claims and policy modeling capabilities and predictive analytics resources to be used on Origami’s digital platform, the companies said in a joint release Tuesday.
Insurers, third-party administrators, risk pools, and self-insured organizations will be able to access Gradient’s proprietary data sets of millions of claims and policies, which are integrated with the Origami platform’s workflow, reporting and digital engagement tools, the statement said.
The Gradient tools can be applied to policy underwriting and claims adjusting processes, such as enabling claim teams to focus greater attention on claims with a high probability of becoming significant cost-drivers, the statement said.
“Our collaboration with Gradient AI offers insurers, risk pools and large self-administered plans using our platform ready access to” Gradient’s tools, Robert Petrie, CEO of Origami Risk, said in the statement.
Origami Risk LLC, a risk management and insurance software technology firm, has introduced Origami Compliance, a claims-support program that provides adjusters with automated access to forms, rates, rules and regulations to streamline their adjudication process.