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.
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.
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.
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.
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.
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’.
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.
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.
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.
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 carriers [...]
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.