altumAI adds Insurance Industry Veteran, Peter H. Foley to leadership team.
CHICAGO — October 12, 2020 — altumAI, a leading worker health and safety software and analytics firm appointed insurance industry veteran Peter. H. Foley to Group Insurance Officer.
Based in New York City, Foley has joined the altumAI executive leadership team to build out the altumAI futureWork solution, that combines its leading-edge worker health and safety technology for risk avoidance for a new workers’ comp user experience and insurance outcome.
Foley brings over thirty-five years of financial services experience with a major focus on the P&C, Specialty A&H, Reinsurance and Alternative Risk sectors, including 11 years working in London, with the responsibility for North America, Europe, Middle East and Far East. Foley has extensive experience in the design and management of alternative risk companies program structures, on- and offshore covering a variety of sectors.
The altumAI futureWork solution is first to market with its Connected Risk Platform and apps that predicts and avoids risk at an individual worker level. The result is an improved work comp insurance outcome through a reduction in frequency and severity of losses.
“We are thrilled to welcome Peter to the altumAI team,” said Douglas Turk, CEO of altumAI. “Peter has significant industry knowledge and M&A experience that supports our mission to redefine workers’ comp with a streamlined, digital-first user experience and proven, proprietary technology and AI to create insights and action to systemically shift the risk curve.”
The futureWork MGA allows employees to Work Safe and Save Money by reducing loss frequency reduction, loss severity improvement and better injury-illness prevention to reduce the total cost of risk.
To learn more about the altumAI futureWork MGA contact ask@altumAI.com
About altumAI
altumAI was launched in 2017 with a core focus of using technology and data to protect worker health and safety. futureWork is the leading worker health and safety application platform for real-time, mobile-enabled risk awareness, communication, and action. futureWork captures and interprets the data that surrounds every worker to identify and avoid risk. http://www.altumAI.com.
