Original Air Date: June 8, 2021
Almost every business today relies on cloud computing, connected technologies and electronic data to operate effectively. Internet of Things (IoT) technologies are rapidly expanding the ability of businesses to maintain situational awareness of every aspect of their operation. What new tools has this technological revolution created that the safety professional can employ to advance loss prevention efforts?
There is an abundance of IoT technologies (wearables, remote sensors and smartphone based applications) available or being developed for use by the safety professional. These technologies can expand the safety professionals’ awareness of unsafe acts or conditions in the workplace, capture actionable data through the facility, and/or alert employees in real-time of unsafe acts or impending danger. Identifying IoT technologies that could reduce accidents within your workplace is relatively straightforward, selling the benefits of that investment to your management team can be extremely challenging.
This session will provide an overview of the array of Internet of Things (IoT) tools available to the safety professional, to include:
- A real-world case study demonstrating how an insurance carrier leveraged IoT capabilities to assist their policy holders with loss prevention efforts
- Discussion of the issues that have slowed the adoption of safety and loss prevention focused IoT devices and wearables to include privacy, security and cost/ROI
Note: This webinar is intended to provide a loss control perspective of the topic. Insurance coverage issues will not be covered during this webcast. If you have questions concerning coverage or insurability, please contact your insurance broker or underwriter.