Sparta Science and Munich Re North America Life Partner to Improve Employee Wellness by Reducing Risk of Musculoskeletal Injury
- Under the agreement, Munich Re now endorses Sparta Science's Movement Health Platform to the North American disability carriers it reinsures
- Initiative aimed at reducing musculoskeletal injury and disease – the leading cause of disability claims – and preventing functional injury and decline before they lead to disability claims and lost productivity
Sparta Science's Movement Health Platform is used to predict risk and provide insights that help prevent functional injury and decline before it leads to disability claims and lost worker productivity. Sparta Science's scientific model provides early indicators for the risk of MSK injury in the way that a blood test would identify the risk for diabetes. By partnering to bring the Movement Health Platform to more disability insurance carriers, Sparta Science and Munich Re strive to decrease the probability of injury recurrence and the cost associated with employee absenteeism – all of which benefit employees, their employers and disability insurance carriers.
Benefits of the partnership for disability insurance carriers include:
- Access to Sparta Science and their dedicated team of experts for seamless program implementation and adoption
- Access to Munich Re's group and individual disability expertise and disability-focused consultation services
- Cost savings in the initial production and program deployment
"A longtime leader in group and individual disability reinsurance, Munich Re actively pursues ground-breaking technology to help our clients control costs and enhance their customer experience;" said
Munich Re, a leading life reinsurer, works with insurance carriers in the midst of digital transformations by assisting them in such activities as:
- Providing digital tools that can integrate into a carrier's existing workflows
- Driving data analytics projects that can help reduce costs, and pilot technology partnerships
- Identifying and deploying advanced tools that can help reduce risk and claim reserves
"Today's assessments of musculoskeletal injury are either non-existent or based on very subjective tests. The Oxford Scale, for example, is still used today and involves an individual pushing against a physician's hand, allowing the physician to subjectively assign a rating for the pain or injury," says Dr.
Sparta Science's innovative Movement Health Platform is applied on a rapid and massive scale to provide assessments and insights that help reduce risk. Individualized data is gathered through a simple, two-minute scan using a high-fidelity force plate, which collects over 3000 data points per second. Sparta Cloud, a web application that leverages a database containing millions of assessments tied to tens of thousands of anonymized profiles, applies broad demographic data to objectively quantify risk for the individual.
About Sparta Science
Sparta Science was founded with the vision that everybody should be able to move freely, without physical limitations, for as long as possible. Since bringing on our first customer in 2014, we've grown into a global full-stack movement health platform. Trusted by organizations spanning the healthcare, government, and sports industries, our platform empowers organizations to provide a better standard of care. Today, we're ruthlessly focused on studying human movement and creating innovative ways to measure, monitor, and improve movement health.
For more information, visit SpartaScience.com or follow us on Twitter and LinkedIn @SpartaScience.
About Munich Re Life US
As one of the world's leading life reinsurers, Munich Re Life US partners with insurance carriers to leverage smart and connected data, embrace new ideas and technologies, help carriers make confident decisions at speed and scale, and gain an exponential understanding of underlying risks. The company is well known in the industry as an innovation leader with extensive technical depth. Munich Re Life US' optimized solutions and capital management expertise expand beyond market leading offerings in individual life reinsurance, group, individual disability and living benefits, to a global center for predictive analytics, automated underwriting, digital partnerships and standard-setting underwriting and medical capabilities. The company believes that the digital economy offers an unprecedented opportunity for the industry to rapidly advance risk assessment and help close the widening global underinsured gap.
Munich Re Life US, incorporated as
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SOURCE Sparta Science
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