Get the Intel Podcast - James Benham

Game-Changing Tech for Safer Workplaces: A Deep Dive into Workers’ Comp with James Benham

November 9, 2024

James Benham

James Benham is the co-founder and CEO of JBKnowledge, a multinational technology and consulting company he has bootstrapped for over 20 years. From his college dorm room to over 280 employees across the USA, Argentina, and South Africa, he has led JBKnowledge to build industry-leading software for the world's largest insurance companies. James is also the co-founder of a disruptive insurance tech product, Terra, a cloud-based claims management software that improves claim outcomes for providers and consumers of Property and Casualty (P&C) insurance.

James is the creator and co-host of the growing and top-rated show, The InsurTech Geek Podcast, where he interviews leading industry experts from some of the most recognized companies in the world. A passionate bootstrapped entrepreneur, James is the bestselling author of Be Your Own VC: 10 Bootstrapping Principles to Generate Cash and Keep Control, his debut book. In Be Your Own VC, James shares how bootstrapping led his tech company to a multimillion-dollar exit and the freedom to build what they love.

James is a sought after consultant and speaker at the forefront of innovation in the insurance industry. His bold ideas and love for technology has landed him keynote opportunities on over 400 conference stages including The Future of Insurance USA and TEDx. James has served as an elected city councilman, an adjunct professor at Texas A&M University and currently serves the state of Texas as a Regent on the governing board of Texas Southern University.
In his spare time, James pursues many hobbies including flying airplanes, ballroom dancing, playing guitar, singing and geeking out on tech.

Listen on:

Here's a glimpse of what you'll learn:

James Benham's journey from bootstrapping JBKnowledge to leading a global tech company
Evolution from general enterprise software to specialized insurance tech solutions
The impact of Terra software in managing workers' compensation for construction groups
Advantages of self-insured groups (SIGs) for cost-saving and incentivizing safety
Key technologies in accident prevention, including AI and safety training tools
Common construction claims and strategies for reducing ladder and fall-related incidents
Challenges in construction, like low tech adoption and policy lapses among subcontractors
How self-insurance options can offer contractors financial benefits and improved coverage

In this episode...

In the latest episode of the Get the Intel podcast hosted by Chad Gill, James Benham, co-founder and CEO of JBKnowledge, shares his journey from bootstrapping a tech company in a college dorm to leading a successful enterprise with 280 employees across three continents. He discusses his evolution in the software industry, transitioning from building general enterprise solutions to creating specialized products like Terra for the insurance sector, particularly focusing on workers' compensation. James Benham explains the benefits of self-insured groups (SIGs) and the importance of safety training and technology in accident prevention, with insights on common claims in construction and the pivotal role of innovative solutions like AI in enhancing workplace safety. He highlights the challenges faced in the construction industry, such as low technology adoption and policy undercoverage, suggesting that contractors investigate self-insurance groups for cost-saving opportunities.

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Sponsor for this episode:

This episode is brought to you by VAs4Construction. VAs4Construction provides tailored support personnel for construction contractors. Whether as project admins, estimator support or executive assistants, leveraging remote personnel can keep your team doing what they love while getting the data you need. Visit us at VAs4construction.com to see how you can free up capacity within your team.