Iot

Digital Insurance spoke with Dan Campany, vice president of innovation and head of IoT at The Hartford.

Insurers are partnering with smart home technology monitoring companies on funding, marketing and distribution. These alliances are creating an untapped data resource with many applications.

Business intelligence platform debuts with views of ROI from several insurance technologies

Technology plays a key role in meeting customers where they are and capitalizing on market opportunities.

Also: Polly integrates with six mortgage providers; Roostify teams up with Covered.

The World Property and Casualty Insurance Report emphasizes the effects of climate change on the insurance industry.

More publicly available digital information means underwriters have greater access to information on potential risk.

Nationwide recently announced a new partnership and the expansion of another as the company continues to grow its Internet of Things capabilities.

Many insurers anticipate an accelerated economic recovery, which can lead to additional digital technology investments in 2022. However, the challenges companies both big and small are facing due to a volatile risk environment continue to be both hurdles and motivators towards technology adoption. One of the pieces to help overcome these hurdles is talent.

As we look ahead, evolving technologies are presenting home and auto owners with new potential risks. Hacking and ransomware, once confined to computer networks, may become an endemic cyber vulnerability for our increasingly connected vehicles and “smart home” devices. Yet many of these same technologies could create new data sources and risk mitigation options for personal lines insurers.