IOT/Telematics

The connected car technology company has launched its NSpire platform, which the company describes as a set of tools, modules and programs designed to support customized telematics strategies.

With Progressive Insurance’s recent patent loss to Liberty Mutual Insurance, insurers are running out of reasons for not pursuing leading edge technologies, such as telematics and usage-based insurance, industry experts say, and recent changes in patent law are favoring those who challenge patent holders.

Which cities are attracting the most Internet of Things (IoT) companies? Here’s the answer, according to IoT Analytics – which has a database that tracks more than 2,000 IoT businesses.

Allstate’s Drivewise Mobile application now features Allstate Rewards, which safe drivers now can use to earn points for deals on merchandise, gift cards and local offers, regardless of whether they have an insurance policy with Allstate.

Fleets are interested in adopting usage-based insurance programs, but aren’t being reached by carriers, according to Lexis-Nexis research.

Liberty Mutual has prevailed over Progressive Insurance in the U.S. Court of Appeals for the Federal Circuit. At issue was the validity of five Progressive patents related to online customer experience, insurance telematics and driving scores that support Progressive’s Snapshot program.

The Beam dental plan aims to help policyholders get a clearer picture of their oral health using the company’s proprietary connected toothbrush.

Accenture describes the DISC as an innovation hub that showcases applications, Internet of Things devices, and enables clients to test digital insurance products through proof-of-concept pilots to validate offerings.

How do industry experts view the development of the Internet of Things, and what would they change?

Security vulnerabilities exist in a number of areas; data sent from a wearable device to a nearby smartphone, for example, may be exposed during transfer via Bluetooth or WiFi connections.