How to create positive impact throughout the workers’ compensation lifecycle

Each year workplace injuries lead to about 99 million days of missed productivity in the United States. What if there was a way to lessen the impact of injuries to employees and operations alike?¹

Join Nationwide E&S/Specialty Programs for a brief fireside chat with Adam Price, CEO of Kinetic Insurance, as we discuss the pivotal stages of the workers’ compensation lifecycle and practical solutions for positive impact when implementing a holistic insurtech program model. 

Watch the full video series

Setting the stage: A holistic approach to workers’ comp insurance

How can independent insurance agents better support their clients in workers’ compensation cases? This video dives into strategies for driving positive outcomes across every stage of the workers’ compensation lifecycle. From engineering injuries out of the workplace and elevated claim handling to fostering long-term recoveries for injured workers, learn more about the importance of a holistic workers’ compensation strategy and proactive solutions to be leveraged. 

“An efficient workflow allows you to focus on what truly matters, creating a seamless experience for your clients.” 

Lifecycle stage: Pre-injury prediction

Understand the key strategies of the pre-injury prediction stage, including identifying high-risk areas, the importance of developing a safety-first culture, and leveraging data for prevention planning. 

“We have to show them why these tools are going to help, and if we can show them why they’re going to help, the chances of adoption and using these tools and/or services is much higher.”

Lifecycle stage: Pre-injury prevention

The workers’ compensation insurance industry is undergoing a significant transformation, driven by advancements in prevention technology. This conversation explores how adopting innovative tools can not only reduce accidents but also add value across every phase of the workers’ comp lifecycle. 

“Our device, in particular is very similar to telematics in a car, but think about it on a person. It picks up on the movements that they’re doing throughout the day.” 

Lifecycle stage: Claims management

Handling insurance claims can be daunting for independent agents managing multiple clients and carriers. Understand how modern tools and smart strategies can simplify and enhance the claims management process. 

“We really look at claims handling as the apex of where you’re going to either retain or lose the customer based on what the experience the employee has, the employer has, and the broker.” 

Lifecycle stage: Bringing the employee back to work

How can employers successfully reintegrate associates into the workplace? Hear actionable strategies to welcome associates back while keeping them engaged and productive. 

“Everybody wins in a proper return-to-work program.” 

Lifecycle stage: What’s next?

The workers’ compensation industry is constantly evolving, but its core mission remains unchanged: improving outcomes for injured workers while optimizing processes for employers and insurers. Targeted interventions and innovative tools can make a meaningful impact at every stage of the workers’ comp lifecycle—from incident reporting to claims resolution—addressing critical challenges, such as reducing delays, improving communication, and leveraging data analytics to enhance decision-making.  

“Of everything we talked about today; predict, prevent, mitigate or manage, innovation is at the forefront.”