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Best's Review Looks at How New Technology Helps Prevent Workplace Injuries as Claims Frequency Declines

In its November issue, Best’s Review examines how technology is helping to create a safer workplace. Workers’ compensation insurers say their insureds are using smart cameras and taking a hands-on approach to loss control to prevent accidents at job sites. The insurers, meanwhile, are using AI to improve service. Although workers’ compensation insurers have been seeing a decline in claims frequency as this new technology helps reduce losses, insurers say claims severity has been increasing. Read more here.

Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace. Access it here.

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AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

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