Telematics

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

Five initiatives related to the IoT were submitted. Three were focused on wellbeing, one on the connected home and one on drones.

The Americas dominate the global market for IoT devices, accounting for 49% of the overall market share.

Insurers have made big steps in integrating the Internet of Things and smart devices into the business. Here are some of the most interesting initiatives of the year.

Although the potential opportunities and threats are vast and varied, a number of important themes emerge.

Insurance is changing: it will be lean and 'just in time,' driven by the Internet of Things, digitally delivered and serviced.

Insurers did most of the legwork on telematics, but must identify more value than just premium discounts.

Industries such as technology, insurance, government, health, or energy will quickly become more connected to each other and the people of the world will collaborate in smart communities to capitalize on innovations.

The "device mesh?" "Adaptive security architecture?" We introduce insurers to 10 advancements shaking up the I.T. world

Research from The Insurance Research Council finds customers skeptical of insurers' ability to safeguard their personal information if they use telematics devices for usage-based insurance.

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

The analyst firm says that usage-based insurance is an elegant solution to ensure accurate cover in the ride-sharing economy.

It’s not just a question of connecting up a lot of devices. They have to be implemented to improve operations currently in use.

In 2016, 5.5 million new things will get connected every day, and total connected things will reach 20.8 billion by 2020, the report says.

The insurer is supporting Augury, which uses sensors to predict HVAC equipment breakdown.

The companies will form a group of strategic partners to work together on areas conducive to promoting connected electric cars.

Fitbit’s biggest Chinese rival plans to introduce the line of more sophisticated fitness trackers over the coming year -- at one tenth the price of the U.S. company’s gadgets.

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

KPMG research provides a glimpse into what insurance companies expect will happen to the risk sector as driverless cars move into the mainstream.

With Volvo’s announcement that they would accept all liability for the car in autonomous mode we see the first of three steps towards the end of auto insurance.