Vertical IQ Adds OSHA Data to Industry Profiles, Boosting Value for Insurance and Banking Sectors

Vertical IQ, a leader in Industry Intelligence, has announced the addition of Occupational Safety and Health Administration (OSHA) data to its comprehensive Industry Profiles. This strategic enhancement provides valuable insights for professionals in insurance, banking, and risk management sectors, offering a more nuanced understanding of workplace safety across various industries.

The newly added OSHA data, sourced from the Bureau of Labor Statistics (BLS), includes detailed information on injury and illness incidence rates for each industry. This data is organized into a new "Occupational Safety" chapter within Vertical IQ's Industry Profiles, covering key metrics such as recordable cases, cases with days away from work, and cases with job restriction or transfer.

The inclusion of this data allows users to compare industry-specific safety performance against national averages, providing a crucial benchmark for risk assessment and industry analysis. This addition is particularly significant for insurance professionals, who can now better evaluate potential exposures and offer more tailored advice to clients based on quantifiable insights.

Jesse Walker, Vice President of CRM and Sales Success at EPIC Insurance Brokers and Consultants, emphasized the importance of this new feature, stating that it enables insurance professionals to position themselves as trusted advisors with informed recommendations based on reliable data.

For the banking sector, this enhancement offers an additional layer of insight into the operational risks and challenges faced by different industries. This information can be invaluable in assessing loan applications, understanding client needs, and developing industry-specific financial products.

The integration of OSHA data into Vertical IQ's platform represents a significant step in providing more comprehensive Industry Intelligence. By offering this level of detailed, industry-specific safety information, Vertical IQ is enabling its users to make more informed decisions, conduct more thorough risk assessments, and provide better-tailored services to their clients.

This update underscores the growing importance of data-driven insights in business decision-making processes. As industries continue to evolve and face new challenges, access to comprehensive, reliable data becomes increasingly crucial for professionals across various sectors. Vertical IQ's initiative to incorporate OSHA data demonstrates a commitment to meeting this need and staying ahead in the competitive landscape of Industry Intelligence.