The Internet of Things has the potential to revolutionize the insurance industry.
The P&C insurance industry is about to be turned on its ear by the Internet of Things (IoT). For P&C insurers already facing growth and profitability issues, long-term signs are pointing to accelerated change and new challenges that will require new strategies to address changing customer behavior and the view of risk. The IoT is a web of smart inter-connected devices, people, and organizations that is [...]