Outlook of IoT in the Insurance Industry

Historically, the insurance industry has relied on imprecise risk assessments. But what if carriers could gather data to better understand their insurance risks? Or to prevent costly damage in the ...

What P&C Insurers Can Learn From Auto Telematics

Telematics — specifically usage-based insurance rates (UBI), or "pay-as-you-drive" — has proven to be a game-changer in the auto insurance industry. In a May 2020 customer sentiment survey, J.D. ...

Changing Policyholder Risk Through Smart Home IoT

Helping policyholders reduce risk has always been a large focus in the insurance industry, but with the rise of IoT (Internet of Things) technology, insurers are in a better position to do this than ...