Bloop360, a strategic partner for insurers

Prevention solutions such as Bloop360 make it easier for companies to identify signs of distress or burnout in their employees at an early stage and to take action before a situation escalates into long-term sick leave. 

By facilitating early intervention within organisations, these solutions help to reduce both the frequency and duration of disability insurance claims. Furthermore, they improve the overall health of employees and limit the human and financial impacts resulting from prolonged absences.

By incorporating a tool that detects the early warning signs of burnout into their service offering, insurers can go beyond mere financial protection and play an active role in reducing risks within the workplace. 

A tool such as Bloop360 enables insured companies to better identify and manage mental health issues in the workplace, which helps to reduce absenteeism, the duration of sick leave and the frequency of claims. For insurers, this translates into better control of costs associated with disability insurance and an overall improvement in the risk profile of their portfolio.

Mental health currently accounts for a disproportionate share of disability insurance costs. It is estimated to be linked to a significant proportion of long-term disability claims (40%), whilst accounting for an even higher proportion of insurance costs (70%). 

Absences linked to mental health issues are also twice as long as those linked to physical causes (+18 months), and their overall cost is significantly higher for organisations and insurance schemes. 

In light of this, preventing psychosocial risks has become a strategic priority. Tools such as Bloop360, which enable earlier intervention within organisations, help to limit costs whilst promoting good overall health.

Bloop360’s burnout flag helps identify the early warning signs of burnout before they lead to prolonged absence or disability. 

By continuously analysing 45 behavioural indicators, Bloop360 is able to detect alarming patterns and flag situations that warrant special attention. When a risk is identified, the employee is notified and can choose to share this information with their manager or a trusted individual. As burnout manifests differently in different individuals and people are sometimes unaware of a decline in their well-being, the alert helps raise awareness. 

By encouraging earlier intervention, the burnout flag helps employees and organisations take action before the situation worsens, thereby helping to preserve well-being and reduce the human and financial costs associated with burnout.