Iot

Climate impacts are also making it more expensive to insure homes against these threats.

Digital Insurance spoke with Bill Martin about how technology fits into overall growth strategies and what's ahead for the industry.

In other news: CIS Insurance partners with Duck Creek; Quincy Mutual selects One Inc for digital payments; Root Insurance expands CCC partnership.

Water leak and freeze sensors designed by the insurer's IoT subsidiary, Meshify, will connect through the shared network.

As consumers continue to rely more on digital transactions, it will become increasingly important for incumbent insurance carriers to integrate new technologies.

The insurance industry is looking for the right standards and practices for the use of smart home devices in homeowners insurance.

Jeff Bales, senior director of Business Development at Notion shares homeowners insurance predictions.

The next year is likely to bring customer-centric development and solidify Insurtech 2.0.

To stay ahead, insurers must assess the factors shaping the industry including emerging technologies.

The speciality insurer has introduced a new cybersecurity tool through IronSDN and solutions for electrical and equipment risks with Schneider Electric.