Sapiens announced partnership with Gradient AI to apply predictive insights for underwriting and claims processes.

Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today it has entered into an agreement to partner with Gradient AI, a provider of artificial intelligence solutions specifically designed for insurance and risk management. Gradient AI's artificial intelligence solutions will be integrated with Sapiens' core workers' compensation offerings, Sapiens CoreSuite for Workers' Compensation and Sapiens GO for Workers' Compensation, providing predictive insights for both underwriting and claims processes. Underwriting predictions for every policy help drive more profitable pricing and insights for all claims to reduce claims' duration, severity and administrative cost.