wearable devices News

Tracking Construction Worker Safety a Group Effort

Maintaining the safety of workers on a six-story job that spans 60,000 square feet is a daunting task, and a concern for not only the construction firm but also its insurer. A recently announced collaboration between Travelers, Gilbane, a large …

Commentary: Technology Will Save the Insurance Industry, Not Mergers

Insurance companies are running out of ideas. They’ve bolstered their balance sheets since the financial crisis but have few racy growth prospects in a world of low interest rates, pricing pressure and regulatory hassles. Big mergers may be the most …

UL Testing Safety, Privacy Issues Related to Wearable Devices

Physical and privacy risks relating to wearable devices has prompted a familiar face in the safety arena to research the technology. With so many questions relating to wearable device safety, Underwriters Laboratories has delved into the wearable technology space, said …

Wearables to be Broadly Adopted by Insurers Within Next 2 Years

Nearly two-thirds of insurers expect wearable technologies to have a significant impact on their industry, according to a survey of more than 200 insurance executives as part of Accenture’s annual Technology Vision report. The insurance industry report, “Accenture Technology Vision …

How Wearable Devices Are Disrupting the Insurance Industry

Nearly 50 years after Captain Kirk began using his wrist communicator and hand-held tricorder on the television show Star Trek, wearable technology is taking hold. From Fitbit and Nike Fuelbands to Google Glass and Golden-I, wearables are influencing not only …