## AI-Powered Safety Analytics Revolutionizes Worker Safety: CompScience and Keystone Natural Holdings Case Study
CompScience, a managing general agent (MGA) backed by the financial strength of Nationwide, is transforming the way businesses approach worker safety. The company’s innovative approach, powered by artificial intelligence (AI), is demonstrably improving workplace safety and reducing costs for businesses. A recent case study featuring Keystone Natural Holdings provides compelling evidence of CompScience’s effectiveness.
Keystone Natural Holdings, a company committed to worker safety, implemented CompScience’s workers’ compensation policies. These policies include integrated safety analytics that provide actionable recommendations for reducing workplace hazards. The results have been impressive. Keystone experienced a significant reduction in ergonomic hazards in their manufacturing facilities, with a 43% decrease in Parsippany and a 9% decrease in Folcroft. Furthermore, CompScience’s AI-driven platform identified and provided a roadmap for addressing “struck by” and “slip/trip/fall” hazards, further enhancing safety protocols.
“We are required by law to buy workers’ comp policies, and we’ve always been focused on worker safety. When our insurance broker explained that CompScience bundles its safety program with coverage, we realized this approach not only made business sense but also significantly enhanced our company culture by prioritizing the well-being of our employees,” explained Aaron Stamp, CEO, Keystone Natural Holdings.
The success of the CompScience program goes beyond reducing hazards. It also positively impacts insurance premiums. CompScience’s active insurance, which utilizes AI to identify and prevent potential risks, has demonstrated a 24% reduction in claims for its customers within the first year of implementation.
“At Acrisure, we are very excited to be offering CompScience to forward-thinking, safety-conscious clients like Keystone. What CEO wouldn’t want to reduce premiums and injury rates?” asked Bruce Ball, Partner, Acrisure.
CompScience’s technology leverages a library of proprietary computer vision models trained to detect over 50 behavioral and environmental hazards. By analyzing existing client-provided workplace videos, the AI can identify previously unreported risks, enabling proactive interventions.
“We’re overjoyed to be releasing this case study from Keystone. We’re dedicated to making workplaces safer with the goal of preventing 1 million injuries by 2030. We can achieve that by incentivizing a switch to our workers’ comp policies that actively reduce claims, and we can typically offer them at a lower rate,” says Josh Butler, CEO, CompScience.
Nationwide, the leading insurer backing CompScience, is equally enthusiastic about the potential of AI-driven safety solutions. “The success of the CompScience workers’ comp program shows how powerful AI-driven safety analytics can be. By using CompScience’s platform, our mutual insureds can significantly reduce workplace hazards while fostering a culture of safety and well-being among employees—which directly aligns with Nationwide’s mission to protect and improve lives. We’re excited to support such innovative initiatives,” says Dale Hoppe, Vice President of Nationwide Workers’ Compensation E&S/S Programs.
CompScience’s impressive growth, fueled by a 500% increase over the past year, is a testament to the effectiveness of its approach. The company’s commitment to serving high-hazard industries, including food manufacturing, logistics, warehousing, retail, auto dealers, construction, and utilities, positions it as a leader in the active insurance space.
The Keystone Natural Holdings case study serves as a powerful example of how AI is revolutionizing workplace safety, driving a shift from reactive to proactive risk management. CompScience’s vision to prevent a million injuries by 2030 is a testament to the company’s unwavering commitment to creating safer workplaces and fostering a culture of well-being for employees.
