Tag: insurance
How Can IoT Devices Improve Insurance Companies’ Risk Management Practices?
Traditional risk management practices rely on legacy technology or manual labor; IoT devices can help improve risk management approaches.
Leveraging the Power of IoT for Enhanced Efficiency and Smarter Workspaces
IoT is revolutionizing industries, creating new business models, and unlocking revenue streams through data-driven innovation.
IoT Technology Leads to Lower Car Insurance Premiums and Safer Roads
Telematics technology has created a new relationship between IoT and car insurance, with the potential to further personalize insurance.
2020 Insurance Trends: Big Data Meets Direct-to-Consumer
Big changes are afoot in the insurance and financial services industries, driven by data access and advanced analytics, creating fresh competitive energy.
IoT Applications in the Fire Safety Industry
The automatic fire sprinkler has remained fundamentally unchanged since Frederick Grinnell invented the first practical sprinkler in 1882. In 1890, he invented the glass disc sprinkler, which is ef...
5 Challenges Facing Health Care IoT in 2019
The Internet of Things (IoT) has substantially changed health care in a relatively short time.
For example, connected devices allow older people to age in place safely for as long as possible. ...
IoT Applications for Healthcare Payers
From reducing administrative inefficiencies to improving premium calculation, IoMT will transform the relationship between healthcare payers and consumers.
IoT Data Is Disrupting the Insurance Industry
Insurance is an almost 5,000-year-old concept invented by Chinese merchants who started to spread their cargo across multiple ships. If one ship went down, every merchant would lose some cargo, bu...
How Will IoT Impact the Insurance Industry?
The Internet of Things will disrupt and impact many industries, from automotive to healthcare to energy and beyond. One industry that is already being redefined by IoT, but we don’t usually think o...
