Iot

Insurers are leveraging connected devices to solve a wide range of customer issues.

Commercial insurer will make technology available to clients that reinforces proper lifting form, with the goal of reducing workers' comp claims.

Companies will invest in building out and owning datasets, learning things about their customers that no one else does, and delivering exactly what those customers want and need.

As the number of connected devices increases, so will the vulnerabilities that they are laced with, not to mention the potential impact these could have if exploited.

As the first member of tech company Roost's Home Telematics Consortium, the insurer will distribute kits to customers, in return for data that will help enhance pricing accuracy and loss mitigation.

Carriers are looking to expand their addressable market for risk management services, and innovative solutions are key.

The pair's goal is to boost the insurance industry’s adoption of telematics and the Internet of Things.

The rise of serverless computing, a bigger balance between cloud and local systems, and renewable energy adoption are among the priorities for a growing number of organizations.

Driving this transition will be the growing number of Internet of Things devices and the rapid maturation of artificial intelligence and machine learning technologies.

The Dwellbeing tool gives insureds a place to record usage data, giving customers a better sense of personal risk.

The Iowa-based insurtech mentoring program, directed by Brian Hemesath, welcomes eight nascent companies for its fourth iteration.

Policyholders are willing to install devices that would communicate incidents to carriers with the goal of mitigating risk.

Tech execs have become less certain of their ability to satisfy end users.

As more AI applications emerge, the corporate database will evolve to support them.

Rather than facing a simpler tech environment where the investment choices are obvious, it appears the insurance industry is at a point of inflection where the old established world may have to give way to the new.

ISPs aren't likely to risk the poor publicity or liability concerns that would come from restricting traffic from home-protection or health devices.

The new focus will be on the information that business users and business-focused analysts can utilize in their everyday decision-making.

Heavily contested move could have implications for the growing Internet of Things, an emerging technology popular among insurers.

By 2021, more than 55 percent of spending on IoT projects will be for software and services, says Carrie MacGillivray.

There is no question that understanding the technologies themselves are important, but it is about what the technologies mean for customers, risks, and operations.