JLT Specialty USA & Altumai to Develop IoT-Driven WC Solutions

Insurance broker and consultant JLT Specialty USA announced its partnership with Altumai to develop IoT solutions to reduce worker injuries in the food/agriculture industry. Together, the duo will assess available solutions for their immediate and longer term potential to the agricultural industry and to develop recommendations and risk transfer solutions. “Wearable technologies, analytics, and IoT are converging to create a unique opportunity to reduce worker compensation risk and improve worker safety. We are thrilled to be working with Altumai in this developing new world of IoT and Insurtech” – JLT Group CMO Douglas Turk.

On the subject of IoT, Pillar Technologies is a winner.

The two-year-old startup backed by Insure.VC (to name one) offers a sensor coupled with a software to allow contractors to have full visibility over their job sites. This sensor.