IoT in Insurance

IoT in Insurance

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...

Humans and machines should be colleagues, not competitors

IoB Insiders Andy Yeoman, CEO at Concirrus, discusses the role of human/machine collaboration in the workplace of the future. It’s just one month since International Workers Day...

Tictrac and Munich Re launch Wellgage for insurance partners worldwide

London-based health tech company Tictrac has joined forces with insurance company Munich Re to launch Wellgage, an intuitive health engagement platform that could have...

AWS makes Amazon Lex AI available to customers

Amazon Web Services (AWS), the cloud computing arm of e-commerce giant Amazon, has made Amazon Lex available to all customers. Amazon Lex is an artificial...

Customers unconvinced by insurance providers’ IoT ambitions

The majority of US insurance companies see a bright future ahead for themselves as homes increasingly become more ‘smart’. According to new research findings...

Insurance sector ripe for IoT disruption, says report

Larger traditional insurers typically work in much the same way as they have done for over 300 years. These old-school insurance companies have come...

AI and IoT snatch almost half of insurtech investment in 2016

Almost half of global investment in insurtech (insurance technology) start-ups involves artificial intelligence (AI) and the Internet of Things (IoT), according to research from management...

IoB Insiders: Risk, digital twins and insurance

IoB Insiders Could digital twins hold the key to insurance companies building a better picture of customer assets, asks Andy Yeoman, CEO of Concirrus? With the rise...

How Zurich Insurance went from pilot to project with AI, IoT...

Monika Schulze, global head of marketing at Zurich Insurance, discusses AI, augmented reality and the challenges of innovating in a conservative industry. Tell us about...

Insurance: With ‘connected policies’, who owns IoT data?

IoB Insiders Andy Yeoman, CEO at Concirrus, discusses why the current insurance business model is under threat, why  'connected policies' are the future, and why data...

O2 drives down motor insurance premiums with latest IoT offering

Mobile network operator (MNO) O2 claims to be the first mobile company in the UK to offer car insurance with the launch of its IoT-based...

MongoDB powers VisionTrack platform to improve driver safety

Automotive telematics provider VisionTrack has created an IoT video telemetry platform using a MongoDB non-relational (NoSQL) database. The company's cloud-based, device-agnostic solution, known as VT2000, is designed...