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
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.
All Insurance Networking News articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, e-books, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.