​How Artificial Intelligence Finds Risk

March 18, 2020

While most people shy away from risk, artificial intelligence (AI) embraces it. The main reason for this? By understanding risk, AI can make jobsites and workers safer.

Artificial intelligence is defined as the theory and development of computer systems able to perform tasks that normally require human intelligence, such as visual perception, speech recognition, decision-making and translation between languages.

In the construction, manufacturing and healthcare industries, AI can sort through photos and videos of low to high risk behaviors. It’s then prepared to identify these risks in real-world settings as part of a telematics device, wearable or other safety technology.

It’s all part of a proactive approach to risk management
This recognition and recall is extremely important, as a recent study from the Occupational Safety and Health Administration found that companies who implemented injury and illness prevention programs can reduce injuries by 15 to 35 percent on average.

One of the main reasons for this significant reduction in injuries is AI’s ability to prevent or eliminate a risk before it occurs. A proactive approach to risk management, like this one, is being praised by risk management experts across the country. Artificial intelligence can support many of the aspects of a proactive safety culture, such as:

  • Inspections
  • Audits
  • Performance monitoring
  • Procedure checks
  • Safety sampling

By involving AI in these processes early and often, your business can reap some of the benefits of a proactive approach to safety sooner. They include:

  • A positive safety culture
  • Fewer accidents
  • Improved health and safety budgeting

To learn more about developing a proactive approach to safety for your business, contact your local Amerisure risk management consultant at [email protected].

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