Workers' compensation

There is a new active approach that promises to revolutionize the workers' comp landscape: artificial intelligence that analyzes workplace video to effectively lower risks, injuries and premiums.

The New York State Insurance Fund, one of the largest workers comp insurers in the U.S., got over 1,000 policyholders on board its new claims information app in its first week.

In other news: Markel names head of cargo and Aspida appoints CIO.

The Women in Insurance Leadership honoree also launched Cake Insure, a technology subsidiary of Pinnacol that allows small business owners to provide workers' comp insurance for employees.

Insurtech is transforming the workers' compensation segment through big data analytics, artificial intelligence, machine learning, wearable technology and more.

In other news: NEXT launches commercial excess liability and liquor liability coverages.

There were more than 40 funding events in the insurtech sector in July, according to a review by Digital Insurance.

As of March 27, 2023, the top five insurance companies had an average workers' comp market share of 5.55% and a combined marketshare of 27.76%.

The carrier and the payroll services provider are working together to increase the flexibility of workers comp underwriting, based on more up-to-date data.

Given advances in technology reviewing unstructured documents to identify and extract key terms and medical data can result in an expedited process.

Contracting report shows higher risks and suggests remedies

New research finds changes in age and industry demographics of workers comp claims

Non-invasive, AI-based technology prevents physical stresses without using wearables

The Innovation Network for Construction includes in-house services to reduce risks for workers and job sites, along with discounts on recommended technologies.

Massive amounts of visual information can be leveraged to lower risk and workers' comp costs, as well as build a culture of caring.

Coupling AI with human associates to serve workers' compensation claims.

Digital Insurance spoke with Chris Hayes, risk control executive at Travelers Insurance.

The mobile app is a digital, interactive workers compensation tool that helps injured workers return to work faster.

Digital Insurance spoke with Cyndee Morton, chief operating and innovation officer, Safety National Casualty Corporation.

Hippo CTO, Lukas Strozek talks about the rationale for the company's home security score.