Sensing IoT AI Cloud Action Connected Insurance - Insurance Insights

At first glance there is a lot of enthusiasm in the insurance industry towards the Internet of Things (IoT) even if there is some uncertainty about exactly how to embrace the transformation and this new type of customer-centricity. When we look at the smart home for example, most of us think of it as an opportunity for remote control of the home with some risk sensing that insurers can tap into. But there is a deeper impact, about people living in a connected eco-system in the future. There is no sign that this prospect of hyper-connection is going to stop. For insurance companies facing big decisions about where to go next with strategic technology investments, it is a bit like Alice's world in Wonderland.