IoT in Insurance

IoT in Insurance

Risk managers hesitant to give drones clearance for take-off

'Invasion of privacy' is the number one concern for risk managers when it comes to commercial drone deployment, says a Munich Re US survey. Drones...

LeakKiller Challenge launched to tackle water damage in homes

A £15,000 prize is up for grabs for the winner of a new IoT design competition to create a prototype for a low-cost, IoT-based...

Survey: Life insurance firms face hurdles in digital transformation race

Life insurance in the US lags well behind other insurance product lines when it comes to digital transformation – but IT leaders in the...

US health insurer Aetna considers Apple Watch partnership

American healthcare insurance provider Aetna is considering a partnership with Apple regarding the Apple Watch, according to reports. The news was broken by US media...

Cloudera: Data is putting insurers in the driving seat

Dr. Richard Harmon, Director, EMEA Financial Services, Cloudera, sheds light on the opportunity and risk that IoT data poses for the insurance industry. A perfect...

Q&A: Blue Cross Blue Shield MA – how IoT is changing...

Internet of Business spends five minutes with Bruce Nash, chief physician officer, Blue Cross Blue Shield Massachusetts, talking IoT and its impact on the future...

Satsafe keeping motorists safer in North West England

Start-up Satsafe makes the regular in-vehicle black box redundant by taking its concept a step further and opening up new opportunities to keep drivers...

Automotive insurers admit to being ill-prepared for digital risks

A study published this week has found that only 18 percent of motor insurers believe that the industry is capable of responding to digital...

Octo Telematics invests $40 million in IoT insurance platform

Octo Telematics, known for its telematics products for the automotive insurance industry, has developed an Internet of Things insurance platform. Dubbed the Next Generation Platform...

Legal & General signs up to offer customers the Leakbot detector

Legal & General has become the third UK insurance provider to offer the LeakBot smart home device for detecting water leaks to its customers. It...

UK insurance market lags on digital, says LexisNexis

The UK insurance market needs to adopt digitization faster – or risk losing out to new, more automated players, according to a new study...

With machine learning, Control F1 recognizes drivers within minutes

Digital technology company Control F1 has this week been granted a worldwide patent for its machine learning system for driver recognition. The system supposedly uses...