KINETIC

Wearable safety technology and workers compensation insurance bundled to prevent workplace injuries and reduce claims costs.

Specialty Solutions Growth Series B

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Overview

KINETIC is a pioneering insurtech company that combines wearable IoT technology with workers compensation insurance underwriting to reduce workplace injuries and claims costs. Operating as a Managing General Underwriter (MGU) backed by Nationwide, KINETIC offers the first product-led insurtech solution in the workers compensation market, integrating injury prevention hardware directly with insurance coverage.

The company addresses a critical market need: workplace injuries cost US employers approximately USD 170 billion annually. KINETIC bundles its Kinetic Reflex wearable device with workers compensation policies, delivering measurably safer workplaces and lower claims costs to mid-market employers across physically demanding industries including warehousing, distribution, manufacturing, food service, and healthcare.

KINETIC handles distribution, underwriting, and wearable technology deployment, while Nationwide manages back-office services including claims processing, billing, and regulatory compliance. This partnership model allows KINETIC to scale innovation and customer relationships while leveraging Nationwide infrastructure and risk expertise. The company has grown premium volume from USD 25 million in its first year post-partnership to USD 80-85 million by mid-2025, a 75% year-over-year increase.

Products & Services

Kinetic Reflex Wearable Device

Hip-worn wearable device equipped with inertial measurement units and gravity sensors to detect high-risk ergonomic postures in real time. Monitors four high-risk motions -- lifts, bends, twists, and jumps -- and provides immediate biomechanical feedback to workers during the workday to help them correct unsafe movements. Devices are provided at no additional cost to policyholders.

Key Features

Real-time biomechanical feedback during the workday
Detects four high-risk motions: lifts, bends, twists, and jumps
Reduces workplace injuries by 50-60% and lost workdays by 72%
Actuarially validated results

Target Users: Mid-market employers in physically demanding industries

Safety View

Risk assessment tool using smartphone cameras for hazard identification in work environments. Helps employers understand and proactively mitigate workplace risks before injuries occur.

Key Features

Smartphone camera-based hazard detection
Workplace risk assessment and reporting
Proactive risk mitigation guidance

Target Users: Safety managers and risk officers at mid-market employers

Claims Navigator

AI-driven claims intelligence system for end-to-end workers compensation claims management. Detects emerging claim risks in real time, automates follow-up actions, and guides policyholders through the claims process.

Key Features

AI agents process 10,000-15,000 submissions per year automatically
Reduces indemnity costs on claims by more than 70%
Accelerates return-to-work timelines by almost 40%
Real-time emerging claim risk detection

Target Users: Policyholders, brokers, and claims teams

Workers Compensation Insurance Policies

Full workers compensation coverage underwritten in partnership with Nationwides E&S/Specialty division, integrated with KINETIC injury prevention and claims management technology. Coverage is bundled with the Kinetic Reflex wearable device at no additional hardware cost.

Key Features

Bundled wearable device included with policy
Nationwide E&S/Specialty underwriting backing
End-to-end injury prevention and claims management
Designed for mid-market employers

Target Users: Mid-market employers in warehousing, distribution, manufacturing, food service, and healthcare

Rapid Return-to-Work Programs

Structured employee recovery programs designed to accelerate return to work following injury, reducing the financial impact of workers compensation claims.

Key Features

Structured recovery program frameworks
Coordinated care management
Reduced indemnity duration

Target Users: HR managers and safety officers managing injured worker recovery

At a Glance

Founded: 2014
Headquarters: New York, New York, USA
Employees: 51-200
Funding: Series B

Category & Focus

Category: Specialty Solutions
Subcategories: Workers Compensation Wearable Technology IoT Insurance Claims Management
Insurance Verticals: Workers Compensation P&C Commercial Specialty/E&S
Target Customers: Employers, Carriers, Brokers, MGAs/MGUs