Are You Ready for the IoT? Accenture has identified five keys to success for insurers to capitalize on IoT (Internet of Things) opportunities. Here are the first two.
Ready to Be an 'Insurer of Things'? The Internet of Things raises thorny questions, such as: What exactly is being insured? And where does liability begin and end?
New Themes Emerging on Role of IoT As insurers explore the IoT, it's becoming clear, for one thing, that the potential services matter far more than the "things" themselves.
Moving Closer to the 'Smart City' By Monique Hesseling 'Smart city' innovations are using sensors to enable everything from traffic management to prevention or mitigation of tragic incidents.
IoT Is Game Changer for Insurers By Kevin Meagher With the Internet of Things (IoT), insurers can go from being passive, reacting to losses, to being proactive and helping prevent them.
The Case for Connected Wearables By Andrew Dart Although the Apple Watch has its flaws, it has moved the idea of wearables into the mainstream and created opportunities for savvy insurers.
Duke Ellington and 'Insurance of Things' By Tony Boobier If the tire pressure of a vehicle is a safety hazard, might the engine be immobilized after due warning is given to the driver?
Insurance and the Internet of Things By Nigel Walsh Insurers could be quick to adopt the Internet of Things and deepen interactions with customers but must avoid three potential problems.
'Digital Twins': The Race Is On By Roger Arnemann The concept is widely adopted in manufacturing and supply chain. Insurers that integrate digital twins will significantly out-compete rivals.
Insurance in 2030: What Does the Future Hold? By Marie Carr In an increasingly fractured world, insurers have to cover a greater array and frequency of intensifying risks.
Tech Secret to a Combined Ratio Below 100% By Matteo Carbone Deepak Karthikeyan While large personal auto insurers have adopted telematics-based programs, they’re only scratching the surface of the potential benefits.
Insurtech Is at an Inflection Point By Tom Kussurelis Insurtech funding has been dropping since 2021 and hit a 20-quarter low in 4Q22. Will it rebound, continue on a flat path or decline further?