IOT/Telematics

Telematics and the connected car are set to drive the market, according to a new report from IHS Automotive.

As the amount of collected big data grows, the insurer is innovating ways to process information quickly for all facets of its business, says data leader Pawan Divakarla.

New technology puts the onus on insurers to create platforms that can ingest new business models, says Farmers Insurance head of product innovation Mariel Devesa.

Mobile carriers never made a move on big data, machine learning and IoT tools, says Esurance executive, meaning insurers can grasp the opportunity.

The German auto insurer will use data collected from IMS' DriveSync5 to reward drivers with discounts on premiums.

Accenture survey of more than 400 insurance executives finds an industry focused on the power of digital for customer acquisition and retention.

The insurer is providing quotes to compare.com customers in California, with intentions of expanding to other states by year's end.

With a quarter of cyber attacks expected to germinate from IoT integrations, Gartner predicts big spending on cloud-based security services.

The automaker and Aioi Nissay Dowa Insurance have created Toyota Insurance Management Solutions USA, which will iterate on usage-based insurance.

Novarica research identifies where insurers are already leveraging the Internet of Things.