IoT Insurance Observatory News
Winter Weather Loss Prevention: A Strong ROI Opportunity for Property Insurers
Non-weather-related water perils are a part of all insurers' books of business. But our environment is experiencing what seems to be increasingly unpredictable and ...
Bad Cops No More: Friendlier Auto Insurers Needed for Telematics Future
Radical changes in marketing and product design of auto insurance policies will help unlock customer benefits of sharing driving data, a well-known insurance telematics evangelist advised during a ...
Realizing the Promise: Matteo Carbone Presents IoT Use Cases
When I was editing the last of a special set of articles in a section of Carrier Management's third-quarter 2021 magazine, I struggled a bit with an opening sentence in one of the draft versions. ...
The Journey to Build the Auto Insurer of the Future
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2021 Allstate is a leader in adopting telematics, according to IoT Insurance Observatory data indicating that the company has over 2 ...
How a Mutual Insurer Achieved More Than 300% Return on IoT Investment
Insurance IoT is a new way of thinking about the activity of assessing, managing and transferring risks that fits with a world that is going to be more and more hyperconnected. Personal auto is the ...
Protecting Industrial Athletes: The IoT Future of Workers Comp
The global economy is built on the backs of hardworking "industrial athletes," and providing those athletes with the equipment to keep them safe is the mission of one New York-based technology firm ...
How Nationwide Is Using Telematics to Transform Commercial Auto Insurance
The hyperconnection between people, machines and organizations is a pervasive megatrend that characterizes our society in any aspects, at any level, in any part of the world. The Internet of Things ...
A Repeatable Model for Using IoT to Transform Commercial Insurance
Traditional insurance products focus on risk transfer. Insurers compete based on their ability to use historical loss information, data gathered during the submission process and other data from ...