Trends to Impact the Insurance Industry in 2017

I consider connected insurance the most relevant insurtech trend: it is the more mature as of today and with the larger TAM. Connected insurance solutions are all the insurance approaches based on sensors for collecting data on the state of an insured risk and telematics for the remote transmission and the management of the data collected. Within the connected insurance landscape, the auto insurance use case is definitely the more mature. It is the first insurtech trend came to age: on one hand, telematics account for more than 17% of the auto insurance portfolio in Italy, on the other hand Metromile will be the first insurance newcomer to acquire an incumbent. The Connected Insurance Observatory will start in the first quarter of 2017 its North American operations.