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Insurers Are Being Optimistic About Exo Technology Entering the Workplace

Insurers Are Being Optimistic About Exo Technology Entering the Workplace
The Siliconreview
01 October, 2019

Exosuits and exoskeletons are a wearable device that provides assistance and force to workers by augmenting their hands, shoulders or lower back. Thousands of exoskeletons are active in work places around the world and the number will rise significantly in the future. In few cases, the devices are becoming mandatory safety equipment. Organizations and insurance companies are forced to encounter this technology because they are responsible for workers’ compensation. This technology entering the workplace can be beneficial to the insurance companies because it can reduce the number of injuries and this will lead to a decrease in compensation claims.

One of the most plausible benefits of an exoskeleton is it can be used to reduce the recovery time of the injured workers and assisting them until they are fully recovered. Insurers are ready to accept this new disruptive technology entering the workplace in the form of shoulder support, power gloves, chairless chair, full-body exoskeleton, and lift assist. Insurers are cautiously optimistic about the Exo technology that will be instrumental in decreasing the working insurance claims and they are also being invited to various meetings and workshops arranged by manufacturing associations to present their point of view.