26 September 2019Analysis

Everest acquires outstanding Salus Systems shares

Everest Insurance has acquired all the outstanding shares in Salus Systems, a  joint venture it formed with Charter Partners Community, which owns Zero, the workplace safety software application.

Zero was designed to lower claims-related costs and streamline workforce safety operations, engaging employees while tracking, observing and responding to potential hazards in real time.

It is “a revolutionary tool in the workplace safety market,” said Bill Thygeson, chief administrative officer at Everest Insurance. The software “can reduce claims costs while also improving the safety and wellness of employees,” he added.

Zero emphasises proactive safety management at every level of an organisation through a collaborative risk identification process. It also includes incident management and Occupational Safety and Health Administration (OSHA) compliance and reporting capabilities.

Members are encouraged to participate in the reduction of workplace hazards and take ownership of company safety.