The Bottom Line: Why Property Insurers Need to Move Past IoT Exploration to Strategy Integration

November 28, 2023 by Matteo Carbone, Gordon Hui and Elizabeth DeVito

Bottom-line impact from technology investments starts at the top for property insurers.

At HSB and the IoT Observatory, we believe that simply offering sensor technology through InsurTech marketplaces or discount programs across a book of property insurance policyholders—and hoping for significant adoption—is not a sustainable risk-mitigation approach that will produce long-term profitability or competitive advantage.