IOT/Telematics

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.

Using this technology, traditional data flows would be transformed because data integrity could never be accidentally or maliciously altered.

Car insurers are leveraging a range of digital solutions to slow crash losses as Distracted Driving Awareness Month approaches.

Pete Frey will develop and oversee a usage-based insurance program and connected business fleet platform for Nationwide's commercial customers in new role.