CompScience Insurance Services Launches Safety App for Insurance Brokers

The app enables brokers and their customers to easily access job-safety best practices enhanced by AI for high-risk industries.

(Image source: CompScience homepage.)

CompScience Insurance Services (San Francisco), a program underwriter and provider of an AI-powered safety analytics platform, has announced the launch of a safety app tailored for insurance brokers and their clients and available to the public, making job-site safety best practices more easily attainable for high-risk industries.

“This SafetyBriefAI App is amazing! Great to see AI be used to identify hazards and controls for the purpose of helping people have better safety conversations,” comments Perry Logan, EHS Leader, NSC Networks, a member-based global occupational safety and health consulting and networking group. “I never realized the power of AI image analysis and the opportunities it unlocks until now.”

Perry Logan, EHS Leader, NSC Networks.

The new app works as a tool for insurance brokers to share with their clients in high-risk industries such as construction, utility work, mining, and transportation. CompScience says the app goes beyond a traditional incident tracking system, letting brokers play a role in developing a proactive safety culture. The app takes jobsite images, identifies precursors to serious injuries and fatalities (“SIFs”), and teaches workers how to control them effectively, the vendor says.

Documenting Potential Hazards On-the-Go

CompScience explains that the app allows users to easily document and analyze potential hazards and safety measures on-the-go. Users take photos of the site, and the latest AI analyzes all the work being done. During work on power lines, construction sites or in any high-risk environment, the app identifies hazards, protective equipment (PPE), locations, and activities, providing a comprehensive safety analysis.

Josh Butler, Founder and CEO, CompScience Insurance Services.

“We are excited to introduce this innovative safety app that not only enhances safety practices but also helps insurance brokers be much more integral to the value they provide to their clients,” comments Josh Butler, Founder and CEO, CompScience. “In a tough labor market, where recruiting and retaining talent is crucial, this app not only engages the workforce, but also saves lives, making it a valuable asset for industries engaged in hazardous activities.”

“With the ability to analyze potential risks on the go, SafetyBriefAI ensures that workers are aware of injury prevention concepts and that safety culture is top of mind even when management isn’t onsite,” adds Jacob Geyer, Chief Insurance Officer, CompScience.

Using AI to Pinpoint Potential Hazards

Jacob Geyer, Chief Insurance Officer, CompScience.

Utilizing AI technology, CompScience’s Intelligent Safety Platform examines workplace images to pinpoint potential hazards, a feature that has demonstrated up to a 23 percent reduction in claims according to actuarial analyses by Swiss Re. By incorporating SafetyBriefAI, insurance brokers and their clients can access crucial data to proactively identify and address workplace risks efficiently, the vendor says. CompScience cites its growth of 5x in a year as underscoring its position as a program underwriter capable of providing “active insurance,” programs that mitigate risks and minimize claims. Since its founding in 2019, CompScience Insurance Services says it has established relationships with 10 of the leading commercial insurance brokers in the industry.

CompScience says that premium versions of the app tailored for teams and enterprises will soon be available, providing enhanced features and capabilities to meet the specific needs of larger organizations.

CompScience Raises $10M Series A Round Led By Valor Equity Partners

Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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