Hammurabi, a Division of Xchange Benefits, Unveils AI Platform That Revolutionizes Medical Stop Loss Underwriting
Octave Specialty Group, Inc. (OSG)
US:NYSE Investor Relations:
osg.com/investor-relations
Company Research
Source: Business Wire
ARMONK, N.Y.--(BUSINESS WIRE)--Hammurabi, a division of accident and health managing general underwriter Xchange Benefits LLC, a subsidiary of Octave Specialty Group, Inc. (NYSE: OSG), has unveiled an artificial intelligence platform that fundamentally transforms how medical stop loss insurance is underwritten, replacing a traditionally labor-intensive process with near-instant risk prediction and pricing accuracy.Designed to deliver efficiencies in the $40 billion medical stop loss market, Hammurabi’s proprietary neuro-semiotic models apply advanced machine learning to predict employer health risk with speed and precision. The result is a dramatic reduction in standard market underwriting timelines—from days to minutes—while delivering accurate pricing and actionable insights for both employers and producers.Medical stop loss coverage protects employers with self-funded health plans from catastrophic healthcare claims. Hammurabi’s technology processes unstructured documents, pred
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