Accident Prevention: The Winning Formula for Construction and Insurance

The construction industry comprises 14.2% of the global GDP with $11T and is projected to reach $15T by 2030. While systems are adopted as the construction industry moves toward digitization and the optimization of operations, the challenges of safety risks remain unsolved as the worksite fatality rates have risen.

Dana Kfir, Director of Customer Success at Otoos, joins RIMScast to discuss how technology can improve safety on construction sites and prevent accidents, and ways companies can use incentives to drive change.

1. Data-driven safety and how technology can be harnessed to prevent accidents.
2. The insurance industry's incentives in construction accident prevention.
3. A captive insurance group that improved their safety performance, thanks to data-driven safety methods provided by Otoos.