• Categories

How drones are helping the Insurance Sector

The Internet of Things is an area of InsurTech that is driving innovation, primarily with telemetry and wearables for auto, health and home insurance. Carriers are eager to capitalize for lower premiums and more personalized policies for customers. The number of internet-connected devices and sensors is projected to reach 50 billion by 2020, which will […]

InsurTech: 5 benefits of technologies in Insurance Sector

InsurTech is a buzzword nowadays where a variety of technologies are set to transform the traditional insurance industry. Many Insurers have already transformed themselves digitally to offer convenience, security, choice, and comparison to their customers. Internet of Things (IoT), telematics, drones, the blockchain, smart contracts, and artificial intelligence (AI) are providing new ways to measure, […]

InsurTech: Present and Future of Insurance Technology

Insurers need to spin the technology that offers their customers with more efficient, optimized and relevant policies. The ones that could be customized could be fed with data from a wearable/mobile device or the ones that are applicable for just an hour. With such customer focus initiatives, they yet need to achieve core business objectives […]

IOT in Insurance Sector: Home, Auto and Health Insurance

Internet Of Things is helping the Insurance Industry as well. Based on the reports we have read it is all set to transform the insurance industry in flexible and exciting ways. Last month Accenture insurance blog stated that 39% have already launched or are piloting connected home or connected building initiatives that use the Internet of […]

Latest Trends in Insurance Technology

Today, the insurance industry is at a digital transformative phase to enhance the business models. There are few key areas we can expect insurers to embrace as they seek to create more automated, user-friendly processes in Insurance sector. Use of automations and artificial intelligence   Insurance industry is shifting towards exploring automation of more complex […]