wearable technology News

Report: Wearable Technology May Help Workers’ Comp Insurers Reduce Claims

A new report asserts that wearable technology may help reduce workers’ compensation claims. Devices worn by workers that monitor a worker’s physical condition and movements as well as measure and detect surrounding environmental hazards may guide workers away from dangerous …

Wearable Technology Transforms Injury Management and Rehab in Workers’ Comp

Wearable and smart technologies are revolutionizing the way we manage workplace injuries, deliver quality care and facilitate rehabilitation in workers’ compensation. To help case managers understand the scope of this exciting, new area of technology, Zack Craft, ATP, vice president …

Cyber Threats, a Changing Workforce and Severe Weather Top Travelers Risk Index

The Travelers Companies, Inc. announced the results of the Travelers Risk Index, an annual survey that provides insight into the most pressing concerns of American consumers and business leaders. While fewer respondents believe that the world is becoming riskier, there …

Commentary: Soon Work Equipment Will Include Wearable Tech

The wearable technology startups that get attention make products a Silicon Valley executive or journalist might use – fitness trackers, virtual-reality gaming headsets, jewelry that delivers text-message alerts. It’s lifestyle stuff. But wearable development in the near future depends on …

Wearable Tech, Automated Vehicles Dominate Insurance Horizon

Imagine sitting at your desk writing a quote for an insurance policy and suddenly the lapel of your coat begins angrily buzzing, snapping you out of a daze and causing you to quickly straighten up and become alert. The midday …

AIG Bets on Workplace Safety Wearables by Investing in Startup HCS

Giant insurer American International Group Inc. is betting on new technology, artificial intelligence and connectivity to give companies more control over workers in risky jobs and make workplaces safer and more efficient. AIG, which is one of the world’s largest …

Accenture: Insurers Shifting to Digital First Distribution Model

Insurers are accelerating plans to become more digital, driven by increased adoption of Internet of Things technologies (IoT), data and analytics tools and digital-first distribution models, according to an Accenture report based on an online survey of more than 400 …

Wearable Technology Could Reduce Workers’ Comp Claim Costs

Technological breakthroughs in wearable technology are revolutionizing healthcare, particularly the well-being and independence of individuals with serious injuries. Using wearable technology in the workers’ compensation industry could profoundly impact overall claims costs, significantly improve the quality of life for seriously …

Wearables Being Used by Big Pharma to Collect Better Personal Data

Pharmaceutical companies are enlisting Fitbits and other gadgets strapped to patients’ wrists, chests and skin as a way to bring drugs to market faster. What began as an aid for athletes and dieters to track their movements is quickly becoming …

Insurance Industry Explores Google Glass Uses

Improved customer service may be just one benefit insurers could see by using Google Glass in their operations. Michael Clifton, vice president of Insurance for Cognizant, described some of the benefits in the company’s white paper last year, Google Glass: …