Mobile technology

2016 will be the ‘year of action’ on many technology fronts, as several recent trends become commonplace strategies, according to industry analysts.

Over the next five years, the industries forecast to have the fastest IoT spending growth will be insurance, healthcare and consumer goods.

The companies partnered to raise the profile of insurance as a big data industry with the next generation of tech professionals. Check out what an insurance hackathon looks like.

Not only is the API economy delivering business advantages, but also elevating the careers of IT professionals from systems maintenance roles to digital “provocateurs.”

American Modern Insurance takes INN through the building process on its two-story sample home outfitted with smart technology.

The telematics provider is now incorporating IBM and Weather Company data in its mobile usage-based insurance algorithm in Europe.

The insurer is establishing partnerships with auto insurance technology companies to better handle emerging risks.

The top-priority emerging technologies today for P&C are new payment technologies, the Internet of Things, wearables, and artificial intelligence.

The Snapshot mobile app will monitor and measure driving data, including time of day, mileage and hard braking automatically, and give drivers personalized information, including a one-to-five-star rating at the end of each trip, a data summary, map of their drive and tailored driving tips.

As insurance telematics gains momentum with consumers, the technology has become ever more sophisticated and reliant on customer outlays for smartphone capabilities and OEM automotive technology. But is that fair to lower income consumers?