Using AI for Insurance Claims and Underwriting
Stan Smith is the Founder and CEO of Gradient AI. Stan founded Gradient AI, first as a unique practice within Milliman to focus on the risk management and insurance industry’s most challenging business problems. He acquired the business from Milliman in 2018, founding Gradient AI as a rapidly growing independent SaaS organization.
Without a doubt, Stan has nearly 30 years of experience growing AI and technology organizations. His leadership ensures that Gradient AI is applying the latest technologies to the insurance industry, resulting in proven financial performance for its stellar list of customers and better treatment and outcomes for individuals.
Stan has held founding or executive-level roles for multiple startup companies, including Vice President at MatrixOne, Executive Vice President and General Manager at Agile Software, and CEO and Founder at OpenRatings.
Stan also led the development of patented technologies including: technology that predicts bankruptcies for small, privately held suppliers; a global database to improve supplier performance for more than 80 million companies; and, technology that combines assessments with performance data to identify opportunities for reducing inefficiencies through lean initiatives.
Artificial Intelligence (AI) has revolutionized how businesses operate, and supply chain management and insurance are no exceptions. With the ability to analyze vast amounts of data and identify patterns, AI has the potential to transform supply chain operations and insurance claims management, making them more efficient, cost-effective, and responsive to customer demands. In this thought leadership article, we explore the power of AI in supply chain management and insurance.
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