Insurance Technology: Zurich Adds Workplace Culture Tool; DriverPremium App Transforms Phone; Kenzen Develops Heat Wearable

July 21, 2022

Zurich Resilience Solutions Combats Toxic Work Culture

Zurich Resilience Solutions (ZRS) in North America is now offering customers a platform that can help them combat toxic work cultures and improve employee retention.

The offering is a collaboration with Work Shield, technology that helps resolve workplace misconduct through by letting employees confidentially report concerns and initiating an impartial investigation by a panel of trained professionals. The platform promises to deliver quick and unbiased resolution recommendations, while also collecting culture data and analytics.

Work Shield says it can help a company improve its governance related to diversity, equity and inclusion (DEI) considerations by mitigating corporate risk, ensuring it meets Equal Employment Opportunity Commission standards with regard to investigations (i.e., external, third-party investigations), and fulfilling its obligations with regard to workplace misconduct.

Research from the Massachusetts Institute of Technology demonstrates that a toxic work culture is 10 times more likely to impact turnover than compensation. Researchers reported that toxic cultures were those workplaces where there was a lack of commitment to DEI, workers felt disrespected, and there was unethical behavior.

“Recoveries in Title VII-based lawsuits are at all-time highs, and shareholder derivative lawsuits based on ESG and diversity and inclusion are growing,” said Julia Oltmanns, director of workplace DEI services for ZRS. “Corporations need solutions and guidance when it comes to assessing and enhancing their DEI practices and policies while also ensuring toxicity is removed from their culture and risks are mitigated earlier, not after a claim has been raised”.

Earlier this year, ZRS launched its Workplace DEI Service in collaboration with Inclusion Score, an organization that advises on a new global diversity and inclusion standard issued by the International Organization for Standardization.

Driver Technologies’ DriverPremium App Transforms Phone Into Driver System

Mobility technology company Driver Technologies, Inc. has launched the premium version of its dash cam app, Driver. The app transforms a driver’s phone into a mobile driving assistance system and dash cam. The product is designed to make connected mobility technology more accessible.

DriverPremium includes real-time safety alerts: forward collision, driver drowsiness and distraction warnings, cloud storage, artificial intelligence analysis, nationwide roadside assistance, gas rewards and coaching to help promote good driving habits.

The premium version of the app, DriverPremium, which is available on both the Apple and Android app stores, starts at $4.99 a month for consumers.

Rashid Galadanci, CEO and co-founder of Driver Technologies. said DriverPremium is a “way to democratize road safety and cloud connectivity for every driver in order to help them get to their next destination safely.”

The cloud storage included in DriverPremium unlocks personal access and sharing via the new DriverCloud. Users will be able to record and store internal and external video footage and trips will automatically be synced to the cloud. Users maintain full control of their data stored on the DriverCloud.

DriverPremium also includes the public launch of the company’s in-app DriverRoadside assistance, which offers support from more than 75,000 active service providers all over the U.S. and a gas saving tool, GasBuddy.

DriverPremium stems from a $10 million Series A investment round led by IA Capital and including participation from Liberty Mutual Strategic Ventures, State Auto Labs/Rev 1, The Social Entrepreneurs’ Fund, C2Ventures and Kapor Capital.

U.S. Awards Funds to Wearable Tech for Mitigating Heat-Related Injuries

The Department of Homeland Security Science and Technology Directorate (S&T) announced a $161,600 award to Kenzen, Inc., a Kansas City company developing wearable technology that helps prevent heat-related injuries for DHS personnel who work in extreme weather conditions.

“Heat illness remains a real problem for DHS employees who routinely work in extreme environments, including along the southern border,” said Melissa Oh, managing director of SVIP. “Technologies that will help our agents know when they are approaching critical conditions by accurately monitoring important physiological metrics like core body temperature levels will have a huge impact in reducing the number of heat-related injuries and keeping our staff safe, even in extreme conditions.”

As part of the first applicants to receive an award under this topic call, Kenzen, Inc., a women-founded and led company, developed a heat illness prevention wearable that uses a combination of a wearable sensor and advanced analytics to alert users to changes in core body temperature and other specific factors. This information identifies heat stress so wearers can take preventative measures sooner, reducing the risk of serious illness.

Topics InsurTech Commercial Lines Business Insurance Tech Leadership

Was this article valuable?

Here are more articles you may enjoy.