Sensor data

IoT devices are generating real-time data insurers can harness to assess risk more accurately.

The commercial insurer expects to improve appraisal accuracy and claims resolution efficiency through using the Uveye AI-powered vehicle inspection platform.

Digital Insurance reached out to several insurance professionals to gain insight into what parametric insurance is, when it's triggered and how access to data plays a role.

Blazes raged through more than 2,000 acres of wildland in recent months in his county deep in the woods of Oregon, where a wet climate once made forest fires unthinkable. That's an increasingly common scene around the world — from Canada to Greece, global warming has helped fuel larger and more destructive blazes, pushing firefighting services to the brink.

A leader in developing smart home IoT technologies, DeVito focuses on preventing different types of property damage.

FedEx is requiring contractors that deliver packages on behalf of the company's Ground unit to install vehicle cameras and sensors, enhance training and pay penalties if they incur too many accidents, according to FedEx memos to contractors.

Cameras and theft alarm systems are often the more attractive option for homeowners but they're neglecting some of the most common and costly risks.

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

The product also has sensors to detect motion within the vehicle and external disturbances, such as when the car is hit or broken into.

Program also offers sensors for property, telematics and heavy equipment.

Munich Re's HSB to offer customers a digitized equipment maintenance platform.

Nationwide’s Sarah Jacobs, vice president of personal lines product development, spoke with Digital Insurance about a recent survey on smart home devices and the future of IoT at Nationwide.

Digital Insurance spoke with Angela Orbann, vice president of property, PI product management at Travelers about how technology can optimize a home insurance policy and how artificial intelligence and satellite imagery is helping insurers.

Thiel invested more than $20 million in HySpecIQ LLC, the startup said. The cash will enable the Herndon, Virginia-based company to build and launch two satellites with cameras featuring advanced sensors to peer through solid objects in early 2023.

In other news: Ethos adds board members, new executives; One Inc partners with Mastercard on insurance payments; and Notion, a Comcast company, works with Honey Insurance in Australia.

New technology is aimed at helping businesses that need to be more cost-conscious detect leaks and freezes.

Zesty.ai's platform will be used by the insurer to get more granular imagery of fire-sensitive zones.

Smart devices are giving insurers the ability to address risky issues earlier, rather than reacting to losses. A panel discusses the implications.

Thanks to explosions in data and analytics capability, carriers have more options than ever to avoid leaning on controversial tactics like credit scores.

Novarica survey of more than 100 carriers identifies six digital techs on the rise in pilot and deployment activity.