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 * Sections
   * Critical Risks
   * Risk Management
   * The Insurance Industry
   * Claims & The Law
   * Workers’ Comp Forum
   * Risk Insiders
   * Sector Focus
   * .
   * Risk Central
   * Power Broker
   * Risk Matrix
   * Risk Scenarios
   * Risk All Stars
   * Teddy Award
   * Sponsored Content
   * Branded Webinars
 * Magazine
   * Digital Issue
   * Issue Archive
   * Subscribe
 * Conferences
   * National Comp
   * National Ergo & Ergo Expo
 * Advertise
 * Subscribe
 * More
   * Award Applications
   * Newsletters
   * &BrandStudio
   * Privacy Policy
   * About R&I
   * Contact Us
   * Media Kit

NEWSLETTERS

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POWER BROKER



POWER BROKER OVERVIEW

Topics: Award Applications | Power Broker Application



What is a Power Broker?
Our goal is to broadly recognize and promote outstanding risk management and
customer service among the brokerage community. Therefore, we don’t select a
single winner but instead recognize four to six winners in different industry
categories.

Who selects the winners?
A Power Broker® is selected based upon the strength of client testimonials. Risk
& Insurance® editors and writers collect and choose the most compelling
testimonials based on the award criteria.

What criteria are used to select winners?
It is very important to note that Power Broker® is focused on recent
accomplishments. Certainly the below criteria could be demonstrated through the
arc of an entire career, but for this program we strive to highlight recent
challenges and solutions. This approach is utilized for the benefit of our
readers who most value learning about challenges and solutions to current
problems. The criteria are:

 * Risk Solution (50%): What specific challenge did a client face and how did
   the applicant/nominee solve that problem?
 * Customer Service (25%): Does the applicant/nominee demonstrate a commitment
   to primarily serve the interests of their clients?
 * Industry Knowledge (25%): Is the applicant/nominee committed to mastering the
   industry category they work in?

The focus is on the individual broker
Creativity and problem solving are critical success factors independent of firm
or account size. Therefore, neither the size of a broker’s firm nor the size of
an account is an important criteria for the Power Broker® program. We strongly
encourage all brokers to apply.

Nomination process
Applications/nominations (referred to below as simply “applications”) are
accepted from any source including a client, insurer, brokerage firm, service
provider or individual broker. In the interest of maintaining a level playing
field, Risk & Insurance® will accept no more than 100 Power Broker® applications
from any one firm or its subsidiaries. Since the client testimonial is most
important for judging, the source of the application does not impact an
applicant’s chance of winning.

We require an application form to be completed in order to capture profile
information, an overview of the problem/solution and client contact information.
Provide enough information to give our editors an overview of you and your
accomplishment but don’t feel compelled to write overly long responses. Think
concise and factual.

Important Note Regarding Confidentiality: We are very conscious of the sensitive
nature of the information provided. Client references listed on applications and
contacted by judges may choose to be on or off the record. This includes the
client name, company name and additional identifying information. All other
information on the application will be considered on-the-record unless specified
otherwise.

Judging process
Judges consisting of Risk & Insurance® editors and/or writers are appointed for
each industry category. All of the applications in a category are first reviewed
by the judges to provide an overview of the field and to ensure that the
applications are complete. Client references listed on the applications are then
contacted and interviewed.

A summary of the interview along with an evaluation form is completed by the
judge performing the interview. Once all interviews are complete, the judging
team meets to review all the interviews and evaluations. The four to six brokers
that received the strongest client referrals based on the award criteria are
named a Power Broker®.

Rising Star Designation



Power Broker® winners and finalists who are 40 years old or younger are
highlighted in the annual “Rising Star” section. Designees are determined based
on the DOB listed on the Power Broker® application. No additional application is
needed to apply for this designation.

Publication
Winners are announced in the January/February print issue of Risk & Insurance®.
The information is also posted on the Risk & Insurance® website, enewsletter,
web digital edition and iPad/iPhone Apps. A profile highlighting each Power
Broker’s accomplishments along with a head-shot is presented by industry
category.

Award Packages
A few weeks after the winners are announced, each Power Broker® receives a
package with a copy of the print issue, an award plaque and additional
information.

Download the 2024 Logo Usage Agreement and PR Statement.

2025 Application Deadline: October 18, 2024
2025 Winner Announcement Date: February 24, 2025

 








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SPONSORED CONTENT BY FIGUR8



DEGREES OF FREEDOM: THE BRIGHT FUTURE OF MUSCULOSKELETAL HEALTH CARE TECHNOLOGY

Data, AI and point-of-care screening devices are revolutionizing the
musculoskeletal health care field, giving providers and patients a real-time
understanding of recovery and the solutions that can drive success.
By: FIGUR8 | September 3, 2024

When the electrocardiogram (ECG) was introduced to heart medicine over 100 years
ago, the first commercially available machine, a table model of Einthoven’s
electrocardiogram, was 600 pounds and took five people to operate.1 It was
scarcely used across the healthcare system. Now ECGs are on every hospital floor
and weigh in at only 8 pounds and they are one of the most commonly used tests
in modern medicine.

In musculoskeletal health, we are going through the same revolution.

Up until now, objective measures of dynamic joint motion and muscle function
have only been available in elite biomotion performance labs with a whopping
price tag and large time commitment attached. That powerful musculoskeletal data
is now accessible at any point of care, for any injured individual, through the
easy to use and even easier to read bioMotion Assessment Platform (bMAP) by
FIGUR8.

FIGUR8 is bringing the same level of ingenuity and objective, data-driven detail
to the diagnosis and assessment of musculoskeletal health that the ECG has
brought to our hearts.

Musculoskeletal disorders (MSDs) are some of the most common and costly injuries
in workers’ compensation, comprising sprains, strains, tears, back pain and
more.

To better understand the complexities of MSDs and their impact on injured worker
recovery, the team at FIGUR8 is on a mission to enhance musculoskeletal health
care through the power of bioMotion assessment technology, data and digital
innovation.

“The future of musculoskeletal care is heading towards a more personalized,
data-driven approach,” said Dr. Nan-Wei Gong, CEO, FIGUR8.

Technology plays an important role in the shift toward more personalized care,
especially given its ability to collect and analyze large datasets in minutes.
While point-of-care screening devices allow for the continuous tracking of
injured workers’ progress outside of the clinical setting, collecting data is
only one part of the equation. What’s done with the data that can really start
to make change.

“The goal is to use this data and its findings to move away from a
one-size-fits-all approach and instead provide targeted interventions that
address each patient’s unique needs,” Gong said, “By creating a more accessible
way to collect truly objective data on muscle health and function, the future of
injury recovery is bright.”

Dr. Gong is a technology expert who founded FIGUR8 to harness biomotion sensing
technology’s potential in revolutionizing musculoskeletal health. Under her
visionary leadership, FIGUR8 has pioneered the bioMotion Assessment Platform
(bMAP), granting providers, patients, and payers unparalleled objective insight
into musculoskeletal health and injury recovery.

Here’s a look at how technology and data can change the game for musculoskeletal
health care, its impact on injured workers and how partnership is at the root of
successful outcomes.


WHAT DATA CAN DO

Dr. Nan-Wei Gong, CEO, FIGUR8

Data is important when it comes to understanding recovery trends in
musculoskeletal health. Having large quantities of information on the care
pathways that have already been used builds a picture of what has worked, what
has not and what could be a potential solution for care based on the patterns
that came before.

“By collecting and analyzing vast amounts of movement data, it is now possible
to identify patterns and predict potential health issues, ultimately suggesting
personalized interventions that enhance overall wellbeing through artificial
intelligence,” Gong explained.

When AI is integrated into the data collection mix, one often thinks of using
this technology to create documentation and notes or interpret information based
on past assessments and predictions. At FIGUR8, the team is taking it one step
further, creating digital datasets in recovery — something Gong noted is largely
absent in the current health care and health record creation process.

“Today, health records rely heavily on pain ratings from patients and
descriptive words like ‘patient experienced pain’ or ‘patient has limited
mobility.’ This type of information does not provide AI models with the
necessary input for accurate future predictions,” she said. So FIGUR8 partnered
with its providers to capture data in a more concrete way: via measurements
derived from actual data on the recovery of muscles and joints rather than
descriptive inputs.

“We’re incredibly excited about this complexity of data we are capturing with
our provider partners and how they are now able to use it to provide
personalized treatment plans and optimize outcomes.”


PATIENTS AT THE CENTER OF CARE

Having vast amounts of data is exciting, especially for someone like Gong, who
comes from a technology and data background, but the true north star that guides
what FIGUR8 does is driving positive outcomes for the recovering injured
patients.

“Our technology tracks a person’s recovery from injury to health by measuring
their movement at different stages. It provides data on how an individual is
progressing from being injured to an in-between state and finally to being
healthy again,” she said. “This allows for a clear visualization of the recovery
trajectory. It also enables us to provide feedback during the whole of their
recovery, keeping the patient on track.”

FIGUR8 utilizes their bioMotion Assessment Platform (bMAP) technology to gather
these data points. A compact, laptop-sized point-of-care screening solution can
easily be transported and set up for data collection purposes at any appointment
where the patient’s movements are being monitored or measured. It not only
examines the point of injury, but provides insight on the mobility function of
the body. This allows care management teams to get a clear understanding of how
the injury has impacted the person holistically.

“This granularity of data has further enabled us to provide patients and
providers with a comprehensive picture of an injury’s impact,” said Gong.

She used the example of a knee injury: Should a worker experience knee pain, the
FIGUR8 technology can measure the range of motion in the knee as well as how
it’s affecting the surrounding areas of the body via clear musculoskeletal
function indicators. It looks at joint angles and overall ability of the injured
area to function within a healthy normal range, as well as movement patterns.
This understanding allows for clear understanding of where an injured individual
is along their recovery journey.

“The information is then analyzed using advanced algorithms to generate a
personalized report,” Gong said. “We don’t stop at just providing numbers,
however. Our near-term product roadmap will offer guidance on areas that need
improvement and help set realistic recovery timelines based on the patient’s
unique condition – a true collaboration between technology with humans
(providers) in the loop.”

It’s a holistic approach designed to benefit and empower the patient and their
health care provider.


PARTNERING FOR A BRIGHT MUSCULOSKELETAL HEALTH FUTURE

FIGUR8 is making waves in the musculoskeletal health care world. Partnerships
with clinicians already extend to nearly every state, and the technology is
being utilized for the wellbeing of patients.

“We see a lot of success in our provider partners using and continuing to use
our technology, describing how they can now share and communicate progress with
their patients, especially in the long and often painful recovery journey,” Gong
shared.

The personalized approach supported by FIGUR8 ensures that treatment is both
effective and efficient, resulting in a recovery time reduction of anywhere from
compared to standard timelines outlined in ODG Guidelines, depending on the
injury type. With FIGUR8, injured workers get back to full duty faster, reducing
the impact on productivity and lowering overall claims costs.

And while the successes are evident, Gong also understands that in order to
continue FIGUR8’s mission, there are still challenges to overcome. Namely, she
said, the willingness to embed technology into the workflow: “People inherently
understand what technology can do. The challenge lies in change management. It’s
about the willingness of leadership to embrace technology and use it.”

However, she added, it’s a good challenge to have, because the results speak for
themselves and show just how the data collected can help improve a patient’s
recovery.

“Our mission extends beyond simply offering a product; it’s about driving
change. We’re creating a standard of care that requires collaboration from
multiple parties, including government, insurance companies and providers,” Gong
said.

“This collaboration is critical in assessing how we currently do things and how
we use this program as the first step to change how musculoskeletal care works.”

To learn more, visit https://www.figur8tech.com.

1 https://www.pfizer.com/news/articles/flashback_the_first_ecg





This article was produced by the R&I Brand Studio, a unit of the advertising
department of Risk & Insurance, in collaboration with FIGUR8. The editorial
staff of Risk & Insurance had no role in its preparation.

FIGUR8, a MIT spin-off company, is the innovation leader in musculoskeletal
(MSK) biometrics, redefining the way MSK health is measured to deliver improved
clinical and financial outcomes. Our bioMotion Assessment Platform (bMAP) is the
first practical solution for measuring MSK function precisely and objectively,
at any point of care. This technology enables patients, providers, and payers to
have a full picture view regarding joint motion and muscle function during
dynamic activities; using movement as a biomarker to improve MSK health. Our
powerful, lightweight system combines clinically smart biosensors, intuitive
software and artificial intelligence (AI) to improve MSK health — from injury
through full recovery.







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