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AIG Investment in Wearable Device Maker Signals Move Toward Technology

By Elaine Goodman (medical/business Reporter)

Friday, January 8, 2016 | 0

The announcement this week that a major insurance company is investing in a developer of safety technology is the latest sign that devices such as wearable sensors, drones and virtual reality goggles may soon be playing a greater role in workplace safety. American International Group Inc., or AIG, said it is investing in Human Condition Safety, an early-stage startup that is developing wearable devices that are coupled with artificial intelligence and building information modeling to improve worker safety. Terms of the deal were not disclosed. “The technology from HCS will help ena...

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