3 things to remember in your digital insurance ecosystem

  1. Connected Health: Personal medical monitoring devices allow customers to track health information (weight and BMI, vitals, exercise activity, etc.). These devices sync to an app, through which the insurer could transfer data to a medical practitioner for monitoring.
  2. Connected Home: Networked IoT devices allow an insurer to provide round-the-clock — support at homes (remote detection of problems such as leaks, shorts or floods, arranging repair appointments, senior citizen monitoring, etc.).
  3. Connected Car: A connected car enables the insurer to identify the driver, track behavioural driving patterns, and reward positive driving habits. Insurers can collate service providers or gas stations into an ecosystem, at which customers can claim free products or discounted services

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