IOT

The possibilities of the IoT for insurance are boundless, from turbocharging underwriting models to dynamic pricing.

Insurance providers cannot ignore this opportunity to use smart speakers to develop better, more convenient ways to serve customers.

With connected homes, it's now possible for the insurer to know that, say, a policyholder leaves the garage door open regularly, an invitation to thieves.

The essence of insurance hasn't changed since its origin in 1347, but technology provides “superpowers” to do the same things much better.

"Collaboration" actually does not begin to convey the looming and enormous demand for working together that IoT will require of all participants.

With a “Synthetic Sensor,” you will be able to just plug it into an outlet, and that room will immediately become a smart room.

There are three ways to use IoT feeds, whether talking about sensors, wearables, drones or any other source of complex, unstructured data.

The author believes so strongly in connected insurance that he gave up his senior consulting job, made an investment and launched a business.