Fintech / Insurtech

P&C Insurance - Worker Wearables

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER

What is P&C Insurance - Worker Wearables?

P&C insurers, especially those that write worker compensation policies, can use these devices to better understand the risks workers face on a daily basis. In addition to enhancing worker safety (e.g., by alerting them to factory floor dangers), these sensors can also help insurers gather important underwriting data, like factory foot traffic, in order to more accurately price worker comp policies.

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Leaders

Leaders are the most established service providers in the market and possess the breadth to address various customer needs.

See why these companies made it as leaders for P&C Insurance - Worker Wearables. These companies include Kinetic and GuardHat.

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Kinetic

United States / Founded Year: 2015

Kinetic is a company that develops wearable devices to reduce musculoskeletal injuries of industrial workers. The company's product can measure the risk of injury of a worker based on lifting posture and activity, and provides feedback to the worker as well as information to the safety manager on how to reduce that risk.

Key People

Haytham Elhawary, Adam Price, Aditya Bansal

GuardHat logo
GuardHat

United States / Founded Year: 2014

GuardHat aims to transform safety in the industrial workplace. GuardHat is a multi-product intelligent safety system that integrates wearable technology and advanced proprietary software.

Key People

Senni Perumal, Saikat Dey, Mikhail Zhavoronkov, and 2 more

Triax Technologies logo
Triax Technologies

United States / Founded Year: 2012

Triax Technologies delivers a connected IoT worksite platform designed for construction, energy, and heavy industrial environments. Its flagship Spot-r system provides real-time, data-driven visibility to elevate worksite safety and productivity. Proximity Trace provides distancing alerts and contact tracing for the workplace.

Known Customers

Autodesk

Key People

Robert Costantini, Justin Morgenthau, Ben Sweet, and 1 more

Highfliers

Highfliers are the most innovative service providers in the market and possess the resources to address evolving customer needs.

See why these companies made it as highfliers for P&C Insurance - Worker Wearables. These companies include .

Outperformers

Outperformers are the most specialized service providers in the market and possess the expertise to address unique customer needs.

See why these companies made it as outperformers for P&C Insurance - Worker Wearables. These companies include MakuSafe.

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MakuSafe

United States / Founded Year: 2016

MakuSafe provides workforce wearables for hazard management and business intelligence. The company's wearable devices track employee behavior to eliminate unnecessary risks and provide greater insight into productivity.

Key People

Gabriel Glynn COSS, Mark Frederick

Challengers

Challengers are the most promising service providers in the market and possess the agility to address emerging customer needs.

See why these companies made it as challengers for P&C Insurance - Worker Wearables. These companies include StrongArm Technologies and Safehub.

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StrongArm Technologies

United States / Founded Year: 2011

StrongArm Technologies offers a platform that captures, analyzes, and delivers insights that drive worker safety and enterprise value. StrongArm Technologies also develops, manufactures and deploys industrial safety equipment utilizing smart sensors and machine learning.

Known Customers

NJ Transit

Key People

Michael Kim, Rahul Bhansali, Sean Petterson, and 2 more

Safehub logo
Safehub

United States / Founded Year: 2015

Safehub develops structural health monitoring for every building and portfolio. By continuously monitoring the heartbeat of buildings, Safehub provides better risk information to save lives and manage risk. Its portfolio model is enhanced by sensor data and continuous real-time analysis of structures. Prioritize key risk drivers and run pre-defined scenarios to stress-test a portfolio and emergency response.

Key People

Doug Frazier, Andy Thompson

What is P&C Insurance - Worker Wearables?

P&C insurers, especially those that write worker compensation policies, can use these devices to better understand the risks workers face on a daily basis. In addition to enhancing worker safety (e.g., by alerting them to factory floor dangers), these sensors can also help insurers gather important underwriting data, like factory foot traffic, in order to more accurately price worker comp policies.

Selling a product or service?
Reach more buyers.

Your future customers are researching their next tech solution on CB Insights. Make sure they can find you.

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