Insurtech Startup, Insurer Team Up To Reduce Injury Claims With Wearables

Argo Insurance is planning to launch a new pilot program with insurtech startup Kinetic, a maker of wearable devices, aimed at preventing back injuries and corresponding injury claims from its restaurant, supermarket and retail clients. Kinetic’s technology, developed by a team of biomechanical engineers, vibrates to alert employees when they are lifting heavy objects incorrectly. Kinetic’s analytical dashboard also enables managers to assess the risk profiles of their workforce. The startup claims its wearable technology reduces unsafe postures and injuries in the workplace by up to 84%.