NEW YORK, December 16, 2021 (GLOBE NEWSWIRE) – Kinetic, the company providing wearable technology that promotes safe environments for the industrial workforce, today announced that Gerritt Graham, Ronnie O’Dell and Steven Schafer will lead Kinetic assurance. Kinetic Insurance was announced as a new company on November 16, combining workers’ compensation insurance with a technology-driven approach to worker safety: Kinetic announces Kinetic Insurance in partnership with Nationwide.
Underwritten by Nationwide’s E&S / Specialty division, Kinetic Insurance provides smarter workers’ compensation insurance that reduces injuries and costs with advanced technology. Graham, O’Dell and Schafer will lead the company, reporting directly to CEO and co-founder, Haytham Elhawary. Kinetic’s proactive policing offerings directly equip policyholders with wearable technology designed to reduce injury and loss while maximizing an insured’s safety program and safety culture.
“Kinetic Insurance is pioneering a whole new approach to workers’ compensation insurance that harnesses innovative technology to proactively prevent injuries, which is proven to reduce claim costs by up to 50%. % in high risk strain and sprain environments like manufacturing and warehousing, ”said Haytham Elhawary, co-founder and CEO of Kinetic and Kinetic Insurance. “Gerritt, Ronnie and Steven have been handpicked to lead Kinetic Insurance through a high growth launch, as we expand the benefits of wearable security technology from enterprise deployments to more widespread adoption in the industry. “
Gerritt graham Assumes the role of Executive Vice President, Growth Strategy for Kinetic Insurance, where he will lead the marketing and distribution of the go-to-market strategy. Graham is a seasoned growth executive with over 20 years of experience leading sales and marketing organizations in the financial services industry. He was notably commercial director of Corvus Insurance Holdings, Inc., leading this market to more than 100 million premiums.
Vice president Ronnie O’Dell will lead business development and broker relations for Kinetic Insurance. O’Dell brings more than two decades of business development experience to his new role, most recently as vice president of distribution for CopperPoint of California (formerly Pacific Compensation Ins. Company), a compensation business unit. CopperPoint Insurance’s $ 380 million single line workers. Arizona-based companies.
Steven schafer will serve as Vice President of Underwriting at Kinetic Insurance. Schafer has a proven track record in building and leading profitable insurance organizations, having served as Head of Underwriting for Specialty Programs for EMPLOYERS, and prior to that, Vice President of Underwriting for Pacific Compensation Insurance Company.
Graham, O’Dell, and Schafer share more thoughts in the latest Kinetic blog, including a perspective on how Kinetic Insurance is extending the benefits of wearable security technology to more employers: Introducing the new leaders of the Kinetic insurance team.
The Kinetic Reflex smart wearable device reduces the incidence of workplace injuries by automatically detecting unsafe postures and providing workers with real-time feedback. Over time, workers can improve their biomechanics, resulting in fewer injuries and better well-being. Safety managers can view risk data in the Kinetic dashboard to make targeted changes to workplace processes that help further reduce the risk of injury.
Kinetic wearable technology is included at no additional cost with a Kinetic insurance policy. A commitment is required from the policyholder to use the technology with their workforce. As an added incentive, if the policyholder achieves minimal device usage, they have the option of opting for a generous dividend program, which could help them lower their net premium even further. . Policyholders can request quotes for workers’ compensation coverage from agents appointed by Kinetic Insurance.
Kinetic provides wearable technology and a software analysis platform that helps reduce workplace injuries. To date, tens of thousands of workers have worn Kinetic’s Reflex product in hundreds of facilities around the world, with a 50-60% reduction in the frequency of injuries. Customers include companies in the retail, logistics and manufacturing industries, including 6 from the Fortune 50. KINETIC was founded in 2014 and is headquartered in New York City. Learn more about https://wearkinetic.com/.