Technology Today
Technology today is constantly evolving and shaping the world we live in. With significant advancements in artificial intelligence, self-driving vehicles, medical devices, and more, it’s easy to see the impact all around us.
High-tech computers, automation, and telecommunications are influencing every industry. Commercial insurance is no different; technology is changing how key numbers are tracked, claims are managed, and behaviors are monitored.
How Tech is Changing Workers’ Compensation Insurance
Here are a few ways in which technology is changing workers’ compensation insurance:
- Training: Online programs increase training capabilities, allowing safety protocols and information regarding workers’ compensation policies to be more easily shared.
- Receiving Care: If an injury does occur, companies have access to apps and telehealth options that can provide immediate care for workers.
- Equipment: Businesses are implementing advanced safety equipment, such as wearable sensors, to greatly reduce the potential of injuries and resulting workers’ comp claims.
- Claims: Companies and employees can track and manage workers’ compensation claims with the help of email notifications and online portals.
- Reporting: Reporting a job site injury is expedited using smartphone and tablet apps.
Overall, as technology continues to change, understanding its impacts on your business insurance processes is crucial. Please contact Steve Longenecker (303-808-9351, x2) at Mountain Insurance: Longmont to discuss your business insurance coverage options in Longmont, CO, and our neighboring communities.
We give out $25 gift cards for referrals that become our insurance clients.
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