AIG invests in start-up aimed at improving worker safety

Human Condition Safety develops wearable devices and analytics systems

AIG has invested in Human Condition Safety, a tech start-up developing wearable devices and analytics systems to improve worker safety.

“It’s not acceptable that we can push a button and have anything in the world delivered to our doorstep, but that people can still get hurt and even die needlessly when they go to work,” Peter E. Raymond, CEO of HCS, said in a statement. “With HCS tools, we leverage technology to keep people healthy and safe.”

AIG has previously invested $4 million with Clemson University in South Carolina to develop a risk engineering and analytics centre.

“AIG’s embrace of innovative, disruptive technologies is opening new ways for us to strategically partner with our clients,” Rob Schmiek, CEO of AIG commercial insurance, said.

The terms of the AIG/HCS investment were not disclosed.

 

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Transcontinental Media G.P.