6 ways that IoT is reshaping today’s insurance proposition

Ovum believes that the global insurance industry is entering a distinct phase of disruptive change driven by the Internet of Things (IoT). While the insurance industry has undergone significant technology-driven change in the last fifteen years, the basic insurance modus operandi has remained the same. However, as the industry enters this new phase, emerging IoT-based […]

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Roost wants to keep you from laying pipe all night long

Smart home supplier Roost has confirmed at the Consumer Electronics Show (CES) 2017 that its Smart Water Leak and Freeze Detector is now available for pre-order. The appliance aims to improve home safety by sending “up-to-the-minute” alerts to a homeowner’s smartphone on any water damages. Roost says the detector could save the consumers and the […]

Digital trust could be the key to ensure personal health data

The transition into the era of electronic health records and health wearables has resulted in a plethora of electronic patient information including dates of birth, home addresses, social security records, insurance details and medical data. This data is highly desirable on the black market. But there are ways to prevent the risk for fraud. I recently […]

IoT answers the tough question: “What’s my dog doing all day?”

With two-thirds of employees owning a pet, innovative organizations are beginning to look for extra benefits they can offer as incentive to attract and keep talented individuals, especially among millennials. One connected way to entice dog owners to your company comes from pet insurer Figo, who now offers a smart tracking system to take the […]

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Liberty Mutual funds smart home IoT startup Notion

Internet of Things (IoT) startup Notion has raised $3.2 million in funding, provided by XL Innovate and Liberty Mutual Strategic Ventures. The funding comes two years after Notion started a Kickstarter to sell smart sensors that can track broken windows, water leaks, and unauthorized access to the house. Backers started receiving their sensors in February, though […]

RAND

Could autonomous cars destroy the auto insurance industry?

Autonomous car adoption worldwide is going to have a major knock-on effect on most industries that rely on humans driving cars. One industry that may see a severe downturn in revenue is the auto insurance industry, according to Berkshire Hathaway CEO Warren Buffett. The billionaire investor said to CNBC “anything that makes cars safer is very […]