Foresight
San Francisco, US · 52 employees on LinkedIn · 3 known investors
Foresight is a commercial insurance provider specializing in workers' compensation, combining AI-powered risk assessment and safety technology to help identify hazards and reduce losses. The company serves brokers and clients across challenging industries seeking proactive risk prevention.
Also known as Foresight Commercial Insurance · Foresight Risk and Insurance Services
Founders & leadership
Investors · 3
Company profile
researched Aug 2026Foresight Risk and Insurance Services, also referred to as Foresight Commercial Insurance, is a San Francisco-based tech-enabled commercial insurance managing general underwriter (MGU) focused on workers' compensation. Every policy it writes includes Safesite, its proprietary digital safety management platform, which provides a mobile safety app, virtual safety consulting and coaching, and the patented Safesite Score used to track safety performance and to inform underwriting.
The company underwrites safety-critical industries including construction, manufacturing, agriculture, auto services and landscaping, with an appetite spanning more than 400 class codes and authorization in all 50 states and the District of Columbia. Underwriters combine data generated by Safesite engagement with external data sources, and the company describes proprietary AI models and integrated data tools used to identify potential hazards early. In 2023 Foresight obtained approval from the WCIRB and the California Department of Insurance for a proprietary Solar Installation subclass code and corresponding rate.
Founding story
Foresight was founded by David Fontain and Peter Grant after they lost a close friend to a workplace accident, an event the company cites as the origin of its aim to make workplace safety proactive rather than reactive and to build an insurer around safety technology, data-informed underwriting and an AI-powered approach. Fontain is described as CEO and co-founder of Foresight Commercial Insurance, and Grant as co-founder and CEO of Safesite.
Business model
Foresight operates as a tech-enabled commercial insurance MGU writing monoline workers' compensation business, distributed through appointed brokers. It writes on select QBE North America entities' paper following a partnership effective November 1, 2023, and bundles its Safesite safety platform and virtual safety consulting into every policy at no additional cost to the insured.
Traction
Foresight reports an average 17% reduction in claims frequency (August 2023 actuarial study) and publishes account-level results including 40% incident frequency reduction at a bindery with $5.2M payroll, 30% at a framing company with $5.6M payroll, and 10% each at an apparel manufacturer ($14M payroll) and a mid-sized agricultural contractor ($10.18M payroll). It expanded from 17 authorized states in 2023 to authorization in all 50 states and DC, and secured carrier paper via QBE North America.
Latest developments
In June 2025 Foresight was named a 2025 Celent Model Insurer for Digital and Emerging Technology, and discussed its "Project Lake House" work applying generative and machine-learning AI and automation to underwriting and distribution. Earlier milestones include the November 2023 QBE North America partnership, 2023 underwriting hires (Patrick Lambert and Javier Verduzco from AmTrust, Cori Walker, and the promotion of Joanne Ziegler), and the June 2023 approval of a proprietary California solar installation subclass code.
▸Full profile — market position, technology, go-to-market, geography
Market position
Foresight positions itself as a workers' compensation specialist and tech-enabled MGU differentiated by embedded safety technology; it was named a 2025 Celent Model Insurer in the Digital and Emerging Technology category and is described in trade coverage as a California-based workers' comp insurtech.
Differentiation rests on bundling the Safesite safety platform, patented Safesite Score and no-cost virtual safety consulting with every workers' compensation policy, using resulting engagement data for more precise underwriting, and citing an average 17% reduction in claims frequency based on an August 2023 actuarial study.
Technology
The core technology is Safesite, a proprietary digital safety management platform combining a field safety app, virtual safety coaching and the patented Safesite Score, which businesses use to set expectations, monitor safety performance and track results. Safesite engagement data, together with external data, feeds Foresight's underwriting; the company also cites proprietary AI models and integrated data tools for hazard identification, and has publicly discussed applying generative and machine-learning AI plus automation to underwriting and distribution ("Project Lake House").
Go-to-market
Foresight distributes through appointed brokers, offering broker appointment sign-up and a "find a broker" path for employers, supported by named underwriters and Safety Success Managers who work directly with insureds. It has expanded underwriting capacity through carrier partnership (QBE North America) and has hired underwriters with industry experience, including from AmTrust.
Retail and wholesale insurance brokers placing workers' compensation business, and their employer clients in safety-critical industries such as construction, manufacturing, agriculture, auto services, landscaping, roofing, framing, bindery, apparel manufacturing and tree care/arborist work. Referenced accounts range from roughly $4.5M to $14M in payroll.
Geography
Headquartered in San Francisco, California, with US nationwide reach: authorization in all 50 states and Washington, DC, having previously operated across 17 authorized states as of August 2023.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 5
by search overlap
Companies competing with Foresight for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 5
launches, deals, and filingsForesight Risk and Insurance Services, a tech-enabled commercial insurance MGU, was named a 2025 Celent Model Insurer in the Digital and Emerging Technologies category.
Foresight Risk and Insurance Services announced a strategic partnership with QBE North America, part of QBE Insurance Group Limited, enabling Foresight to write on select QBE entities' paper effective November 1, 2023, as it targets geographic and industry expansion.
Foresight Commercial Insurance announced the hire of underwriter Cori Walker, who works with broker partners to place workers' compensation business across Foresight's 17 authorized states.
Foresight Commercial Insurance hired Patrick Lambert and Javier Verduzco from AmTrust as commercial insurance underwriters and promoted Joanne Ziegler to associate underwriter.
Foresight received approval from the WCIRB and the California Department of Insurance for a proprietary Solar Installation subclass code and corresponding rate, allowing it to write workers' compensation for solar installers in California.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Foresightgetforesight.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Foresight do?
- Foresight is a US workers' compensation insurance MGU pairing data-driven underwriting with its Safesite safety platform.
- Who founded Foresight?
- Foresight was founded by David Fontain.
- Who are Foresight's investors?
- Foresight's investors include Blackhorn Ventures, Brick Mortar Ventures, OMERS Ventures.
- Where is Foresight headquartered?
- Foresight is headquartered in San Francisco, US.