Insurance companies are trying to update themselves with emerging technologies to meet customer demands and maintain their business in a competitive market. Among new-age technologies, IoT (Internet of Things) is one technology that has brought in more disruptions in the insurance industry.
IoT devices or Apps, such as wearables, sensors in household appliances, and Telematics solutions in vehicles bring immense value to the insurance business. Implementing IoT solutions can improve customer relations, reduce loss, and increase revenue for insurance companies.
Neutrinos define the importance of IoT solutions and offer insights on how IoT is revolutionizing the insurance space through this whitepaper, “IoT in the Insurance Industry.”
Key Takeaways:
IoT Disrupting the Insurance Business Landscape
IoT Creating Opportunities for Insurers
Developing a Successful Strategy for an IoT Ecosystem
5 Main Tasks of a Digital Ecosystem in an IoT World
Opportunities and Challenges of Insurance Innovation
Successful Neutrinos Case Studies on IoT