IIR: The Hidden Complexity of Insurance IoT Point Solutions

Shayne Brown News

An enterprise approach to connected insurance requires an IoT platform that can help insurers improve risk assessment and pricing, claims management, and customer management.

Connected insurance is a key strategic priority for most carriers, with 40 percent or more of insurers investing in a connected insurance product in the last few years. Insurers see connected devices as key to driving growth for the foreseeable future. Most of these initiatives are growing organically from within business lines. Each business line can separately realize significant value from pursuing a connected insurance strategy, but the organizational value of multiline connected insurance is more than a sum of its parts. An enterprise approach to connected insurance requires an IoT platform, tailored to the insurance industry, that can help insurers improve risk assessment and pricing, claims management, and customer management.

Read the article.

Back to news overviewBack to events overviewBack to press releases overviewBack to blog overviewBack to careers overview