Internet of Things: Changing the Insurance Value Chain

Networked sensors increasingly are being embedded in machines, buildings, cars and other objects, offering tech-savvy insurers new opportunities to understand and price risk, according Celent.

INN Breaking News, April 23, 2014

Chris McMahon

The rise of the Internet of things could change every link in the insurance value chain, according to “The Internet of Things and the Insurance Value Chain,” from Celent, creating new business opportunities for early adopters and saddling late adopters with adverse selection.

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