IOT/Telematics

In the short term, there are some digital capabilities that can be leverage to offer policyholders relief.

Jeff Bales, senior director of Business Development at Notion shares homeowners insurance predictions.

The product also has sensors to detect motion within the vehicle and external disturbances, such as when the car is hit or broken into.

The next year is likely to bring customer-centric development and solidify Insurtech 2.0.

Based on Keynova Group's 2022 Mobile Insurance Scorecards, there are three trends to watch in mobile apps.

To stay ahead, insurers must assess the factors shaping the industry including emerging technologies.

The speciality insurer has introduced a new cybersecurity tool through IronSDN and solutions for electrical and equipment risks with Schneider Electric.

Automaker collecting more varieties of telematics data to better inform insurers' coverage.

The insurance and collision repair industries will see a wider range within the claim and repair mix.

With a wealth of data at their disposal via the Internet of Things, insurers are exploring the multiple ways the technology can help advance their business.