IOT

Amazon's closing of its Insurance Store shows the strength of incumbents. AI and telematics offer routes to even better results.

So many pilots have delivered major returns by now that it may be time for an industrywide rollout.

The traditional business model has been resilient, but insurers must strive to exceed the evolving expectations of customers.

Embedded insurance, customer-facing digital tools, telematics and the IoT, rich data sets and AI and ML will mark a paradigm shift.

Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.

While large personal auto insurers have adopted telematics-based programs, they’re only scratching the surface of the potential benefits.

An industry standard has taken hold that will let smart-home devices talk to each other seamlessly, setting the stage for a wave of innovation.

Insurers and homeowners are using IoT devices to optimize housing efficiency, streamline daily tasks and reduce urban household risks.