How the Internet of Things is Affecting Insurance

The Internet of ThingsThe Internet of Things (IoT) and insurance are intertwining – as more big data is created as a result of this emerging technology, how will the industry address new privacy and security threats that arise as we connect more devices, homes, vehicles, appliances, and even toothbrushes to one another?

Insurance Networking News’ Top 8 Insurance Internet of Things Projects reviews some of the everyday “smart devices”, like the Fitbit and electric toothbrushes, and how they are creating big data to improve the way we live and conduct business. With the future essentially attached to our wrist or in our mouths, we need to address the issues and opportunities, and the way we analyze risk in the p&c insurance industry. 

The CIP Society invites members to join us on March 10 for our ADVANTAGE Live webinar that will identify, address, and discuss the IoT and the ways it will affect your business. In this webinar, you will find out about the positive and negative aspects the IoT, including the risks, new innovation, and its potential to improve the customer experience. Space is limited – register today!

Related: ADVANTAGE Monthly Trends Paper, The Internet of Things: What is this thing?

Posted by CIP Society on 3/8/2016