IoT News
The Latest Launches From QBE North America and OneWorld Instech
QBE North America is partnering with an MGA to offer specialized cover for architects, engineers and design businesses. A new company debuts with a platform designed to help insurers innovate with ...
For Many Carriers, IoT Remains an Untapped Data-Gathering Tool
Most insurance carriers lack a strategy to capitalize on data generated by the Internet of Things (IoT), even as they realize the importance of having one. Making matters worse, a majority lack ...
Munich Re Is Lead Investor in $16.5M Financing for Mnubo, an IoT/Artificial Intelligence Startup
Munich Re's HSB Ventures led a $16.5 million venture financing for Mnubo, an Internet of Things, data analytics and artificial intelligence startup seeking to expand internationally. Both companies ...
Rethinking Insurance Work: How Claims Processing, Agent Jobs Will Change
Technology, artificial intelligence (AI) and the Internet of Things (IoT) offer new opportunities for insurance companies to be more cost-effective and innovative. However, in order to maximize these ...
Autonomous Vehicles, Smart Homes Lead to Shifts in Exposures—and Underwriting
Today's insurers want to be there for their customers—literally. With sensors of various kinds in policyholders' cars, homes and personal devices, "exposure data tracking" is rapidly becoming a ...
P/C Insurers See $ in IoT, Smart Home Tech; Limited Data Access Hampers Potential
Internet of Things and smart home technology offer significant growth potential for property/casualty insurers, but data access limits could restrict how big the boom becomes, according to a new ...
AI Can Help Insurance Industry Boost Human Interaction
Ask most people for their thoughts about robots and artificial intelligence (AI), and they will likely express apprehension over losing their jobs. As transformational as AI is, speakers at the 2017 ...
Too Smart to Fail: How AI Will Benefit Customers and Claims Pros
As artificial intelligence continues to improve, it offers a wide range of new possibilities for the insurance industry. Machines can quickly analyze huge swathes of data. They can apply complex ...