IOT/Telematics

The insurtechs showcased their platforms and the potential use cases for the industry, in areas such as claims, customer experience and underwriting.

Carriers have to take care to clearly communicate the value of collecting more data from consumers.

By using updated tools to analyze driver behavior, insurers can work with underwriting partners to dig into data and develop personalized coverage.

Emerging technologies such as IoT, wearables and autonomous vehicles require rapt attention from insurers now, as they can fundamentally change the industry in ways never before seen.

The insurer will leverage the university's research in the Internet of Things, data science and machine learning to help improve the life underwriting process.

Emerging or re-emerging hot technologies are helping to drive much of the increased spending on enterprise software, which is projected to rise by 11.1 percent in 2018.

The insurer set up an innovation lab in 2016 with SVP of Commercial Auto Kim Garland at the helm, but also keeps a sharp eye out for transformation occurring outside company walls by insurtechs.

Ron Guerrier changes jobs at a time of flux for both companies.

With mobile channels matured, the insurer looks to capitalize on other emerging technologies, including virtual reality and the Internet of Things.

SkyWatch.AI’s mobile application calculates a "safety score" before each drone flight, which is used by the commercial insurer in underwriting.