insurance
Insurance sector eyes easy-to-use technology to digitally transform business
No-code and low-code approaches gain popularity In the insurance sector, data is gathered both manually and digitally which has to be consolidated into software, writes Phung Viet Ha, the managing director of the Low Code Group at FPT Software. Tasks such as underwriting, renewing premiums or adhering to compliance regulations are often labour-intensive and repetitive.
Read moreEurope and North America will reach 65.2m active insurance telematics policies in 2021, Berg forecasts
According to a new research report from the IoT analyst firm Berg Insight, the number of insurance telematics policies in force on the European market reached 6.8 million in Q4-2016. Growing at a compound annual growth rate (CAGR) of 34.8%, this number is expected to reach 30.0 million by 2021.
Read moreAutonomous cars alter the playing field for motor insurance
Berg Insight, the M2M/IoT market research provider, released new findings about the effect of autonomous cars on auto insurance. Several major trends are currently impacting the motor insurance market, which has resulted in higher competitiveness and new stakeholders on the market.
Read moreIt’s an ill hurricane that blows nobody any good
The IoT’s cameras capture people’s true personalities during a crisis because we get to see what people are like when there’s nobody watching.
Read moreLegal & General partners with HomeServe to provide UK customers with a smart, connected water leak detector
Legal & General, a UK-based home insurance provider, has partnered with home assistance provider, HomeServe to offer customers LeakBot – a smart connected water leak detector developed by HomeServe Labs.
Read moreWannaCry virus fails to stimulate predicted surge in cyber insurance, according to FWD broker research
The recent ‘WannaCry’ ransomware virus attack was heralded as the wake-up call for businesses concerned about their cyber security. A recent survey of 250 UK insurance broking firms, however, shows that following the attack there has surprisingly been little increase at all in the number of enquiries for cyber insurance cover.
Read moreHow the insurance industry is responding to connected cars and autonomous vehicles
The insurance space is traditionally a slow-moving industry, but for once it appears to be changing up a gear to be part of the automotive industry of the future. It is impressive how quickly IoT has become part of our everyday lives, when only a couple of years ago it was considered a tech ‘buzzword’.
Read moreGo Green… save money?
Sure, it’s good for the planet. But smart home energy management can save you money in some unexpected ways, says Cees Links of Qorvo Wireless Connectivity.
Read moreHomeServe partners with Aviva to offer customers the LeakBot smart water leak detector
HomeServe, a home assistance provider in the UK, is strengthening its partnership with general insurer, Aviva, with the news that Aviva is the first insurer to offer LeakBot to its customers. This is a smart connected water leak detector, developed by HomeServe Labs.
Read moreWunelli selects Vodafone for insurance telematics services
Wunelli, a LexisNexis Risk Solutions company, has selected Vodafone – a leader in connected car services, as one of its chosen suppliers for insurance telematics products.
Read moreConnected Car Insurance Europe
Event date: April 12 – 13 2016 Tower Bridge Hotel, London, UK Connected Car Insurance Europe 2016 (April 12-13, London) is Europe’s primary forum for companies looking to actualise connected car data sets to create innovative motor insurance products. The Internet of Things (IoT), connected mobility, telematics and the autonomous car are collectively driving insurance
Read moreGreater impact and a broader reach for telematics in 2016
There is a critical need for better value insurance, safety measures to reduce the number of road accidents, as well as improved efficiency to ease ever increasing traffic congestion. Octo anticipates that 2016 will be another exciting year in telematics as new technologies add more value to insurance propositions.
Read moreKony and Medical Mutual of Ohio deliver mobile healthcare and incentive apps for members
Enterprise mobility company, Kony, Inc., has helped Medical Mutual of Ohio, the health insurance company based in Ohio, deliver unique mobile app experiences for its members and employees.
Read moreInsurance Analytics
Event date: November 19, 2013 Grange St Paul’s, London Understand the power of financial services’ hottest new development!
Read moreRACO Wireless signs up Apriva and partners with Enterprise Mobile
RACO Wireless, a machine-to-machine (M2M) provider for T-Mobile USA, Inc., today announced that Apriva, a provider of end-to-end wireless transactions and secure information solutions, will utilise RACO Wireless to support Apriva’s Point of Sale (POS) customers that use 2G payment terminals.
Read moreWhite Paper: Developing Enterprise M2M Apps in Days or Weeks — Not Months or Years
Developers are building M2M applications to help companies reduce service and fuel costs, generate new sources of revenue, and increase customer satisfaction. The principle market segments and applications driving this market need for M2M solutions include
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