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CompScience Insurance Services on Monday announced a managing general agent agreement with Nationwide Mutual Insurance Co. and Swiss Re Ltd. to underwrite, bind and service workers compensation policies that will engage the company’s intelligence safety platform to help reduce costs.
The platform has been shown to “significantly reduce claims through actuarial analysis” by detecting previously unreported workplace risks by analyzing existing workplace video with a library of proprietary computer vision models built to detect 50+ behavioral and environmental hazards, according to a statement.