AI, Computer Vision Preventing Injuries, Transforming Insurance

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Predict & Prevent

The Institutes

26 episodes

4 days ago

An exploration of an evolving strategy to combat the biggest risk challenges facing society today by working to eliminate losses before they occur. Host Pete Miller, President and CEO of The Institutes, will examine what the transition to a Predict & Prevent strategy means, why it is urgently needed and how cutting-edge technology and resiliency are making it a reality. In each episode, leading experts and business leaders will share the tools and strategies they are applying and how they are overcoming challenges along the way.

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Management

Technology,

Business

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AI, Computer Vision Preventing Injuries, Transforming Insurance

Predict & Prevent

25 minutes 7 seconds

1 year ago

AI, Computer Vision Preventing Injuries, Transforming Insurance

Learn how one company is leveraging artificial intelligence and computer vision to not only improve workplace safety, but also to transform

the traditional workers' compensation insurance model. Pete Miller, CEO of The Institutes, talks with Josh Butler, CEO and Founder of CompScience, about how a focus on preventing losses creates a better outcome for insurers, brokers, employers and employees.

Josh shares his journey from working on self-driving car technology to founding CompScience, a company that uses AI and computer vision

to enhance workplace safety and reduce costs for businesses through a unique "active insurance" model. Josh discusses inspiration for the company. How safety recommendations are lowering accidents. The benefits to brokers of an enhanced workers’ comp policy. How CompScience differs from other safety tech. Plans to expand in general liability and construction sector. Why an MGA model helps adoption. The ROI in insurance of preventing losses.

Resources:

CompScience website: www.compscience.com

Predict & Prevent website: www.predictandprevent.org