UL Solutions CEO: Evolving Safety Testing, AI, and Consumer Protection

Mm. Hi everybody, I'm Nikola Tanyan and the CEO of the Norwegian Subman Wealth Fund and today I'm in properly good company with Jennifer Scanlon. President and CO of the remarkable UL Solutions. Now UL Solutions specialized in safety testing across a wide range of areas. From household appliances, industrial equipment, building materials, medical devices. Lots of interesting things we're going to talk about. And we own one point six percent of the company, equivalent to one hundred and sixty million dollars. Jennifer, huge pleasure to have you on today. Oh it's such a pleasure to be here, Nikolai. We're thrilled to be part of your portfolio as a newly public company. Absolutely.

So let's just uh kick off with the basics here. What exactly do you guys test? So we test products and we test products in the industrial space, um, where our customers are in the B2B environment. And we test products in the consumer space where our customers are really in the B2C environment. And then we have a whole set of offerings of software and advisory services that help those customers. uh better usage of the data and uh some of the advisory services that they need to get their products to market.

Hm. Now how do we How do you test? What kind of things do you do with the products? Visiting our labs is always such a crowd pleaser. Uh we do things like We

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