Iot

Insurer’s personal insurance unit is looking to develop lasting relationships with startups in big data, AI and more.

Carriers should partner with upstart companies to speed digitalization, consultant adds.

Carrier is looking to develop customer experience comparable to that of Amazon and Google, according to Cathleen Scerbo, VP of IT business operations.

Insurer plans to collaborate with new companies developing platforms in the Internet of Things, mobility and fintech spaces.

Insurer hints its future capabilities on the smart device will include bill pay and assets for the newly released Echo Show.

Most innovation plans do not account for emerging industry trends like insurtech disruption and IoT adoption, study finds.

The company looks to invest in startups, like the Ring video doorbell, that dovetail with its future vision of insurance.

To meet the needs of customers and deliver services as needed, insurers need knowledgeable, skilled people to build and manage sophisticated applications, algorithms and analytics.

The Internet of Things Cybersecurity Improvement Act of 2017 calls for Internet-connected devices to be patchable, meet minimum data safety standards and have changeable password capability.

The sector is complex, and it is important for carriers to have the appropriate systems and functionalities to support these complexities and enable future growth.