Game-Changing Tech for Safer Workplaces: A Deep Dive into Workers’ Compensation

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James Benham, the co-founder and CEO of JBKnowledge, a multinational tech company he bootstrapped from his college dorm to over 280 employees across three continents. James has been at the forefront of innovation, leading JBKnowledge to develop industry-leading software for the world’s largest insurance companies. He’s also the co-founder of Terra, a cutting-edge claims management software transforming the Property and Casualty insurance space. Beyond his work in tech, James is a bestselling author, host of the popular InsurTech Geek Podcast, and a sought-after speaker who’s taken the stage at over 400 conferences, including TEDx. In his spare time, James pursues many hobbies including flying airplanes, ballroom dancing, playing guitar, singing and geeking out on tech. Here’s a glimpse of what you’ll learn: • James Benham's journey from bootstrapping JBKnowledge to leading a global tech company • Evolution from general enterprise software to specialized insurance tech solutions • The impact of Terra software in managing workers' compensation for construction groups • Advantages of self-insured groups (SIGs) for cost-saving and incentivizing safety • Key technologies in accident prevention, including AI and safety training tools • Common construction claims and strategies for reducing ladder and fall-related incidents • Challenges in construction, like low tech adoption and policy lapses among subcontractors • How self-insurance options can offer contractors financial benefits and improved coverage In the latest episode of the Get the Intel podcast hosted by Chad Gill, James Benham, co-founder and CEO of JBKnowledge, shares his journey from bootstrapping a tech company in a college dorm to leading a successful enterprise with 280 employees across three continents. He discusses his evolution in the software industry, transitioning from building general enterprise solutions to creating specialized products like Terra for the insurance sector, particularly focusing on workers' compensation. James Benham explains the benefits of self-insured groups (SIGs) and the importance of safety training and technology in accident prevention, with insights on common claims in construction and the pivotal role of innovative solutions like AI in enhancing workplace safety. He highlights the challenges faced in the construction industry, such as low technology adoption and policy under coverage, suggesting that contractors investigate self-insurance groups for cost-saving opportunities.

Follow James Benham here:

Website: jamesbenham.com

James Benham on LinkedIn: https://www.linkedin.com/in/jbenham/

JBKnowledge Website: https://jbknowledge.com/

Terra Website: https://terra.insure/

InsurTech Geek Podcast: https://insurtechgeek.com/