IOT/Telematics

As consumers continue to rely more on digital transactions, it will become increasingly important for incumbent insurance carriers to integrate new technologies.

Also: News from Progressive, Sentry Insurance, Millennial Specialty and more

Maine workers comp insurer invests in development of wearable tech that spots potential ergonomic issues.

The startup will use Lloyds' investment to develop new and existing products, including for vehicle manufacturers, financial institutions and rental-car companies.

Consumer telematics adoption, which includes programs often intended to provide discount offerings for drivers, was overall stagnant in 2022 after seeing some growth earlier in the year.

Claims experts shared what they've seen work well in the past two years with Digital Insurance.

The insurance industry is looking for the right standards and practices for the use of smart home devices in homeowners insurance.

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.