Workers' Compensation & Risk (WCR) Conference

The WCR Conference is the gathering place for Employers, H.R. and Risk Managers who want to create a community where knowledge can be shared among experts, consultants, and peers. Innovators, thinkers, and disrupters are also invited to teach and guide us into the future of Health Care, Tech, Law and Legislation.

Gradient AI is a leading provider of proven AI solutions for the Workers' Comp insurance industry. On the underwriting side, companies using its solutions can obtain predictive insights to identify risk with speed and accuracy never before possible, enabling more accurate pricing and better-managed risk, as well as to compete more effectively while improving loss ratios. On the Claims side, Gradient solutions help improve claims operations and triage processes with an “early warning” of the most potentially expensive claims to focus proactively where needed, while reducing the cost of claims. By using Gradient AI's solutions, Workers' Comp insurers achieve a better return on risk.

PRESENTER:

Kim Wiswell, Director, Client Services, Embedded Analytics, Gradient AI, and Michael Petrie, Founder of Webutation, Inc.

Thursday, November 9, 3:00 PM

Artificial intelligence is designed to assist with decision-making when the variables involved are beyond human comprehension. Machine learning models learn from training data, but it is only as good as the quality of that data. In workers' compensation we speak over 48 languages, which is sometimes multiple depending on which Judge, venue, or doctor is on your case. A causation claim in California is not the same as in Arizona or Alabama, so how do we gain the benefits of AI? This session discusses this problem and the possible solutions; one of which was highly recommended by ChatGPT.

Attendees will learn:

• The role of AI in workers’ compensation insurance
• The need for data to drive AI
• Is our data ready for AI, and what do we need in order to benefit from the latest in the machine learning wave?