Iot

The insurer embeds new technologies, such as AI and IoT, into its organization on an ad-hoc basis, rather than developing products separately in a lab and force-fitting them.

A look at how leading property carriers are leveraging connected devices to improve the customer experience.

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.

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.

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

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

Four out of five carriers don't have a plan for collecting, analyzing or securing the flood of data from connected devices, according to LexisNexis survey.