SlideShare a Scribd company logo
1 of 17
Download to read offline
Copyright © Arqiva Limited 2014 Company confidential 1
The Internet of Things – The Next Wave of Change
Copyright © Arqiva Limited 2014 Company confidential 2
Divider slide title
Rise of the Machines
2020
451m connected
devices in the UK
2013
100m connected
devices in the UK
24% CAGR
Source: Machina Research
Copyright © Arqiva Limited 2014 Company confidential 3
Data is the lifeblood of insurance
“The more the Internet of Things knows about
you, the more that insurance companies are
able to slurp that data and incentivize you to
walk the straight and narrow”
The Register – May 2014
"You know the way that advertising turned out to be
the native business model for the internet? I think
that insurance is going to be the native business
model for the Internet of Things”
Tim O’Reilly – May 2014
Copyright © Arqiva Limited 2014 Company confidential 4
Connected Smoke AlarmsThe internet of things creates opportunities
Property
Auto
Liability
Health Pet
Travel Livestock
across a broad range of insurance sectors
And others….
Copyright © Arqiva Limited 2014 Company confidential 5
Arqiva’s Business
TV and Radio
“Market leader in
terrestrial TV and radio
broadcast
infrastructure”
“Nearly 50%
market share of
UK channels uplinked”
Satellite
“Own largest
independent
portfolio of
WiFi/wireless sites”
Telecoms
and WiFi
“Building
a smart network for
10m homes and a
national IoT
network”
Smart Metering
and M2M
Copyright © Arqiva Limited 2014 Company confidential 6
Arqiva’s role in the Internet of Things
Arqiva provides a unique breadth of
connectivity technologies
IoT
Connectivity
Satellite
LRR
(Sensus)
UNB
(SIGFOX)
2G
3G/4G
WiFi►Delivering smart metering
to connect electricity and
gas in 10 million homes –
►Partnered with SIGFOX to
create new national Internet
of Things network
Copyright © Arqiva Limited 2014 Company confidential 7
Car Insurance
Leading the way in use of technology to better inform of risk
 Automotive telematics market will grow to 1.4B connections by 2020
 GPS location for stolen vehicles reported 479,000 incidents of car
theft in 2010
Even more possibilities for the future
Copyright © Arqiva Limited 2014 Company confidential 8
Connected Smoke Alarms
►EU Insurer anticipating the new French regulation that every
household will be equipped with a smoke detector by 2015.
►SIGFOX network enables insured customers to be alerted of any
issues.
• In case of intrusion/fire warnings.
• Replacement battery if running low.
Copyright © Arqiva Limited 2014 Company confidential 9
Home Security
 Smartphone enabled home security allowing:
• On-demand access to cameras
• Home temperature monitoring
• Noise detection with push notifications to smartphones
Copyright © Arqiva Limited 2014 Company confidential 10
Home Access Control
Innovative access control
through smartphones
 Keyless, encrypted locking technology
 Give access to a cleaner a couple of hours a
week.
 Log history of who’s entered and exited
 Landlords issuing new tenants keys and
removing access from previous tenants.
Copyright © Arqiva Limited 2014 Company confidential 11
Flood Insurance
Richer data for better forecasts, revising flood protection
investment and infrastructure
 Key defence mechanisms to limit damage and increase
commercial property protection in insurance.
 Insurers could incentivise investment in protection and resilience.
Copyright © Arqiva Limited 2014 Company confidential 12
Tracking Devices
Asset Tracking examples
 Bike Insurance
 Agricultural Insurance
 Pet Insurance
 Travel Insurance
Copyright © Arqiva Limited 2014 Company confidential 13
Pet Insurance  Smart collars enable pet
owners to foresee early signs of
diseases and behavioural
issues, sending owners alerts
via SMS.
 Sensors that monitor
temperature, pulse and
respiration, allowing owners to
share information with vets.
• Activity patterns
• Calories consumed
• Heart rate variability
Copyright © Arqiva Limited 2014 Company confidential 14
Insuring valuable items
 Valuable objects will have
electronic sensors
manufactured into them
 ‘Smart Dust’
 Tracking items in real-time
location.
Copyright © Arqiva Limited 2014 Company confidential 15
Smart Technology in Construction
 Autonomous and low cost SIGFOX modems provide
connectivity for sensors with mechanical constraints in
construction
 Issues affecting construction insurance:
• Site theft and fire supervision
• Worker protection
• Real time building monitoring
• Optimized fleet management
Copyright © Arqiva Limited 2014 Company confidential 16
Health Insurance
Digital technology to facilitate changing behaviour.
 Lack of exercise, imbalanced diet and lack of medication adherence
provide opportunities in connected health and health insurance.
 Connected pill bottles to remind patients when to take their pills, and
track when they haven’t
Copyright © Arqiva Limited 2014 Company confidential 17
The Internet of Things – The Next Wave of Change

More Related Content

What's hot

Singapore Insurtech Landscape
Singapore Insurtech LandscapeSingapore Insurtech Landscape
Singapore Insurtech LandscapeEverett Leonidas
 
The full potential of insurance telematics
The full potential of insurance telematicsThe full potential of insurance telematics
The full potential of insurance telematicsMatteo Carbone
 
Connected Insurance Observatory
Connected Insurance  ObservatoryConnected Insurance  Observatory
Connected Insurance ObservatoryMatteo Carbone
 
Telematics - Bain Brief
Telematics - Bain BriefTelematics - Bain Brief
Telematics - Bain BriefMatteo Carbone
 
Insurtech - Connected Insurance Observatory
Insurtech - Connected Insurance ObservatoryInsurtech - Connected Insurance Observatory
Insurtech - Connected Insurance ObservatoryMatteo Carbone
 
Rethinking the Insurance Business in a Connected World - Insurance IoT EU Sum...
Rethinking the Insurance Business in a Connected World - Insurance IoT EU Sum...Rethinking the Insurance Business in a Connected World - Insurance IoT EU Sum...
Rethinking the Insurance Business in a Connected World - Insurance IoT EU Sum...Praveen Velichety
 
IoT: Disruption and Opportunity in the Insurance Industry
IoT: Disruption and Opportunity in the Insurance IndustryIoT: Disruption and Opportunity in the Insurance Industry
IoT: Disruption and Opportunity in the Insurance IndustryNTT DATA Consulting, Inc.
 
Connected Insurance Observatory
Connected Insurance ObservatoryConnected Insurance Observatory
Connected Insurance ObservatoryMatteo Carbone
 
Connected Insurance Observatory InsurTech
Connected Insurance Observatory InsurTechConnected Insurance Observatory InsurTech
Connected Insurance Observatory InsurTechMatteo Carbone
 
ITL - Innovation Trends in 2016
ITL - Innovation Trends in 2016ITL - Innovation Trends in 2016
ITL - Innovation Trends in 2016Matteo Carbone
 
Motor insurance: services telematics based
Motor insurance: services telematics basedMotor insurance: services telematics based
Motor insurance: services telematics basedMatteo Carbone
 
The Connected Insurance Observatory
The Connected Insurance ObservatoryThe Connected Insurance Observatory
The Connected Insurance ObservatoryMatteo Carbone
 
ITL insurtech 5 value levers for auto telematics
ITL insurtech 5 value levers for auto telematicsITL insurtech 5 value levers for auto telematics
ITL insurtech 5 value levers for auto telematicsMatteo Carbone
 
Insurtech Sydney Launch Event 7 September 2016
Insurtech Sydney Launch Event 7 September 2016Insurtech Sydney Launch Event 7 September 2016
Insurtech Sydney Launch Event 7 September 2016Brenton Charnley
 
Internet of Things is Poised to Transform the Insurance Sector
Internet of Things is Poised to Transform the Insurance SectorInternet of Things is Poised to Transform the Insurance Sector
Internet of Things is Poised to Transform the Insurance SectorPaasmer
 
IoT Brochure - Open Reply
IoT Brochure - Open ReplyIoT Brochure - Open Reply
IoT Brochure - Open ReplyAusrine S.
 
Infographic: The connected insurance customer
Infographic: The connected insurance customerInfographic: The connected insurance customer
Infographic: The connected insurance customerBrian Banigan
 
The Singapore FinTech Consortium - Introduction to InsurTech
The Singapore FinTech Consortium - Introduction to InsurTechThe Singapore FinTech Consortium - Introduction to InsurTech
The Singapore FinTech Consortium - Introduction to InsurTechFinTech Consortium
 
InsurTech in Asia - Swiss Re perspective
InsurTech in Asia - Swiss Re perspectiveInsurTech in Asia - Swiss Re perspective
InsurTech in Asia - Swiss Re perspectiveThe Digital Insurer
 

What's hot (20)

Singapore Insurtech Landscape
Singapore Insurtech LandscapeSingapore Insurtech Landscape
Singapore Insurtech Landscape
 
The full potential of insurance telematics
The full potential of insurance telematicsThe full potential of insurance telematics
The full potential of insurance telematics
 
Connected Insurance Observatory
Connected Insurance  ObservatoryConnected Insurance  Observatory
Connected Insurance Observatory
 
Telematics - Bain Brief
Telematics - Bain BriefTelematics - Bain Brief
Telematics - Bain Brief
 
Insurtech - Connected Insurance Observatory
Insurtech - Connected Insurance ObservatoryInsurtech - Connected Insurance Observatory
Insurtech - Connected Insurance Observatory
 
Rethinking the Insurance Business in a Connected World - Insurance IoT EU Sum...
Rethinking the Insurance Business in a Connected World - Insurance IoT EU Sum...Rethinking the Insurance Business in a Connected World - Insurance IoT EU Sum...
Rethinking the Insurance Business in a Connected World - Insurance IoT EU Sum...
 
IoT: Disruption and Opportunity in the Insurance Industry
IoT: Disruption and Opportunity in the Insurance IndustryIoT: Disruption and Opportunity in the Insurance Industry
IoT: Disruption and Opportunity in the Insurance Industry
 
Connected Insurance Observatory
Connected Insurance ObservatoryConnected Insurance Observatory
Connected Insurance Observatory
 
Connected Insurance Observatory InsurTech
Connected Insurance Observatory InsurTechConnected Insurance Observatory InsurTech
Connected Insurance Observatory InsurTech
 
ITL - Innovation Trends in 2016
ITL - Innovation Trends in 2016ITL - Innovation Trends in 2016
ITL - Innovation Trends in 2016
 
Motor insurance: services telematics based
Motor insurance: services telematics basedMotor insurance: services telematics based
Motor insurance: services telematics based
 
ITL InsurTech UBI
ITL InsurTech UBIITL InsurTech UBI
ITL InsurTech UBI
 
The Connected Insurance Observatory
The Connected Insurance ObservatoryThe Connected Insurance Observatory
The Connected Insurance Observatory
 
ITL insurtech 5 value levers for auto telematics
ITL insurtech 5 value levers for auto telematicsITL insurtech 5 value levers for auto telematics
ITL insurtech 5 value levers for auto telematics
 
Insurtech Sydney Launch Event 7 September 2016
Insurtech Sydney Launch Event 7 September 2016Insurtech Sydney Launch Event 7 September 2016
Insurtech Sydney Launch Event 7 September 2016
 
Internet of Things is Poised to Transform the Insurance Sector
Internet of Things is Poised to Transform the Insurance SectorInternet of Things is Poised to Transform the Insurance Sector
Internet of Things is Poised to Transform the Insurance Sector
 
IoT Brochure - Open Reply
IoT Brochure - Open ReplyIoT Brochure - Open Reply
IoT Brochure - Open Reply
 
Infographic: The connected insurance customer
Infographic: The connected insurance customerInfographic: The connected insurance customer
Infographic: The connected insurance customer
 
The Singapore FinTech Consortium - Introduction to InsurTech
The Singapore FinTech Consortium - Introduction to InsurTechThe Singapore FinTech Consortium - Introduction to InsurTech
The Singapore FinTech Consortium - Introduction to InsurTech
 
InsurTech in Asia - Swiss Re perspective
InsurTech in Asia - Swiss Re perspectiveInsurTech in Asia - Swiss Re perspective
InsurTech in Asia - Swiss Re perspective
 

Similar to The internet of things – The next wave - Insurance

Future of general insurance
Future of general insuranceFuture of general insurance
Future of general insuranceCGI
 
Integrated killer applications for connected insurance
Integrated killer applications for connected insurance Integrated killer applications for connected insurance
Integrated killer applications for connected insurance Andrea Silvello
 
Webinar: CYREN WebSecurity for Enterprise
Webinar: CYREN WebSecurity for EnterpriseWebinar: CYREN WebSecurity for Enterprise
Webinar: CYREN WebSecurity for EnterpriseCyren, Inc
 
The Internet of Things
The Internet of ThingsThe Internet of Things
The Internet of ThingsFlyData Inc.
 
Driving Unconventional Growth through the Industrial Internet of Things
Driving Unconventional Growth through the Industrial Internet of ThingsDriving Unconventional Growth through the Industrial Internet of Things
Driving Unconventional Growth through the Industrial Internet of Thingsaccenture
 
Промышленный интернет (глазами Accenture)
Промышленный интернет (глазами Accenture)Промышленный интернет (глазами Accenture)
Промышленный интернет (глазами Accenture)Sergey Zhdanov
 
Webinar: That's the Way the Network Perimeter Crumbles - Cybersecurity for th...
Webinar: That's the Way the Network Perimeter Crumbles - Cybersecurity for th...Webinar: That's the Way the Network Perimeter Crumbles - Cybersecurity for th...
Webinar: That's the Way the Network Perimeter Crumbles - Cybersecurity for th...Cyren, Inc
 
Efma-Accenture Innovation in Insurance Awards 2019
Efma-Accenture Innovation in Insurance Awards 2019Efma-Accenture Innovation in Insurance Awards 2019
Efma-Accenture Innovation in Insurance Awards 2019Accenture Insurance
 
UK Spectrum Policy Forum - Simon Trist, Arqiva - Unlocking the promise of the...
UK Spectrum Policy Forum - Simon Trist, Arqiva - Unlocking the promise of the...UK Spectrum Policy Forum - Simon Trist, Arqiva - Unlocking the promise of the...
UK Spectrum Policy Forum - Simon Trist, Arqiva - Unlocking the promise of the...techUK
 
Secur Digital Presentation 22jul10 Frm Show
Secur Digital Presentation 22jul10 Frm ShowSecur Digital Presentation 22jul10 Frm Show
Secur Digital Presentation 22jul10 Frm Showfmitchell
 
Building the internet of things with ibm (slideshare)
Building the internet of things with ibm (slideshare)Building the internet of things with ibm (slideshare)
Building the internet of things with ibm (slideshare)Bernard Kufluk
 
Cyren cybersecurity of things
Cyren cybersecurity of thingsCyren cybersecurity of things
Cyren cybersecurity of thingsChristian Milde
 
The UK's Code of Practice for Security in Consumer IoT Products and Services ...
The UK's Code of Practice for Security in Consumer IoT Products and Services ...The UK's Code of Practice for Security in Consumer IoT Products and Services ...
The UK's Code of Practice for Security in Consumer IoT Products and Services ...44CON
 
M2 m summary for all
M2 m summary for allM2 m summary for all
M2 m summary for allTarik KUCUK
 
Internet of Things Study Acquity Group 2014
Internet of Things Study Acquity Group 2014Internet of Things Study Acquity Group 2014
Internet of Things Study Acquity Group 2014Ludovic Privat
 
Webinar: Can a Light Bulb Really Pose a Security Threat? A Practical Look at ...
Webinar: Can a Light Bulb Really Pose a Security Threat? A Practical Look at ...Webinar: Can a Light Bulb Really Pose a Security Threat? A Practical Look at ...
Webinar: Can a Light Bulb Really Pose a Security Threat? A Practical Look at ...Cyren, Inc
 

Similar to The internet of things – The next wave - Insurance (20)

Simon Trist - Arqiva SigFox
Simon Trist - Arqiva SigFoxSimon Trist - Arqiva SigFox
Simon Trist - Arqiva SigFox
 
Future of general insurance
Future of general insuranceFuture of general insurance
Future of general insurance
 
Integrated killer applications for connected insurance
Integrated killer applications for connected insurance Integrated killer applications for connected insurance
Integrated killer applications for connected insurance
 
Webinar: CYREN WebSecurity for Enterprise
Webinar: CYREN WebSecurity for EnterpriseWebinar: CYREN WebSecurity for Enterprise
Webinar: CYREN WebSecurity for Enterprise
 
The Internet of Things
The Internet of ThingsThe Internet of Things
The Internet of Things
 
Driving Unconventional Growth through the Industrial Internet of Things
Driving Unconventional Growth through the Industrial Internet of ThingsDriving Unconventional Growth through the Industrial Internet of Things
Driving Unconventional Growth through the Industrial Internet of Things
 
Промышленный интернет (глазами Accenture)
Промышленный интернет (глазами Accenture)Промышленный интернет (глазами Accenture)
Промышленный интернет (глазами Accenture)
 
Webinar: That's the Way the Network Perimeter Crumbles - Cybersecurity for th...
Webinar: That's the Way the Network Perimeter Crumbles - Cybersecurity for th...Webinar: That's the Way the Network Perimeter Crumbles - Cybersecurity for th...
Webinar: That's the Way the Network Perimeter Crumbles - Cybersecurity for th...
 
Efma-Accenture Innovation in Insurance Awards 2019
Efma-Accenture Innovation in Insurance Awards 2019Efma-Accenture Innovation in Insurance Awards 2019
Efma-Accenture Innovation in Insurance Awards 2019
 
UK Spectrum Policy Forum - Simon Trist, Arqiva - Unlocking the promise of the...
UK Spectrum Policy Forum - Simon Trist, Arqiva - Unlocking the promise of the...UK Spectrum Policy Forum - Simon Trist, Arqiva - Unlocking the promise of the...
UK Spectrum Policy Forum - Simon Trist, Arqiva - Unlocking the promise of the...
 
Secur Digital Presentation 22jul10 Frm Show
Secur Digital Presentation 22jul10 Frm ShowSecur Digital Presentation 22jul10 Frm Show
Secur Digital Presentation 22jul10 Frm Show
 
Internet of things
Internet of thingsInternet of things
Internet of things
 
Building the internet of things with ibm (slideshare)
Building the internet of things with ibm (slideshare)Building the internet of things with ibm (slideshare)
Building the internet of things with ibm (slideshare)
 
Venture Summit 2014, Pankaj Kedia
Venture Summit 2014, Pankaj KediaVenture Summit 2014, Pankaj Kedia
Venture Summit 2014, Pankaj Kedia
 
Cyren cybersecurity of things
Cyren cybersecurity of thingsCyren cybersecurity of things
Cyren cybersecurity of things
 
The UK's Code of Practice for Security in Consumer IoT Products and Services ...
The UK's Code of Practice for Security in Consumer IoT Products and Services ...The UK's Code of Practice for Security in Consumer IoT Products and Services ...
The UK's Code of Practice for Security in Consumer IoT Products and Services ...
 
M2 m summary for all
M2 m summary for allM2 m summary for all
M2 m summary for all
 
M2M summary for all
M2M summary for allM2M summary for all
M2M summary for all
 
Internet of Things Study Acquity Group 2014
Internet of Things Study Acquity Group 2014Internet of Things Study Acquity Group 2014
Internet of Things Study Acquity Group 2014
 
Webinar: Can a Light Bulb Really Pose a Security Threat? A Practical Look at ...
Webinar: Can a Light Bulb Really Pose a Security Threat? A Practical Look at ...Webinar: Can a Light Bulb Really Pose a Security Threat? A Practical Look at ...
Webinar: Can a Light Bulb Really Pose a Security Threat? A Practical Look at ...
 

Recently uploaded

Computer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and HazardsComputer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and HazardsSeth Reyes
 
Linked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond OntologiesLinked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond OntologiesDavid Newbury
 
Cybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptxCybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptxGDSC PJATK
 
NIST Cybersecurity Framework (CSF) 2.0 Workshop
NIST Cybersecurity Framework (CSF) 2.0 WorkshopNIST Cybersecurity Framework (CSF) 2.0 Workshop
NIST Cybersecurity Framework (CSF) 2.0 WorkshopBachir Benyammi
 
Bird eye's view on Camunda open source ecosystem
Bird eye's view on Camunda open source ecosystemBird eye's view on Camunda open source ecosystem
Bird eye's view on Camunda open source ecosystemAsko Soukka
 
UiPath Platform: The Backend Engine Powering Your Automation - Session 1
UiPath Platform: The Backend Engine Powering Your Automation - Session 1UiPath Platform: The Backend Engine Powering Your Automation - Session 1
UiPath Platform: The Backend Engine Powering Your Automation - Session 1DianaGray10
 
Introduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxIntroduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxMatsuo Lab
 
Artificial Intelligence & SEO Trends for 2024
Artificial Intelligence & SEO Trends for 2024Artificial Intelligence & SEO Trends for 2024
Artificial Intelligence & SEO Trends for 2024D Cloud Solutions
 
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...Aggregage
 
AI Fame Rush Review – Virtual Influencer Creation In Just Minutes
AI Fame Rush Review – Virtual Influencer Creation In Just MinutesAI Fame Rush Review – Virtual Influencer Creation In Just Minutes
AI Fame Rush Review – Virtual Influencer Creation In Just MinutesMd Hossain Ali
 
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...UbiTrack UK
 
Comparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and IstioComparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and IstioChristian Posta
 
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...DianaGray10
 
Videogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfVideogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfinfogdgmi
 
Crea il tuo assistente AI con lo Stregatto (open source python framework)
Crea il tuo assistente AI con lo Stregatto (open source python framework)Crea il tuo assistente AI con lo Stregatto (open source python framework)
Crea il tuo assistente AI con lo Stregatto (open source python framework)Commit University
 
AI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarAI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarPrecisely
 
Designing A Time bound resource download URL
Designing A Time bound resource download URLDesigning A Time bound resource download URL
Designing A Time bound resource download URLRuncy Oommen
 
Basic Building Blocks of Internet of Things.
Basic Building Blocks of Internet of Things.Basic Building Blocks of Internet of Things.
Basic Building Blocks of Internet of Things.YounusS2
 

Recently uploaded (20)

Computer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and HazardsComputer 10: Lesson 10 - Online Crimes and Hazards
Computer 10: Lesson 10 - Online Crimes and Hazards
 
Linked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond OntologiesLinked Data in Production: Moving Beyond Ontologies
Linked Data in Production: Moving Beyond Ontologies
 
Cybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptxCybersecurity Workshop #1.pptx
Cybersecurity Workshop #1.pptx
 
NIST Cybersecurity Framework (CSF) 2.0 Workshop
NIST Cybersecurity Framework (CSF) 2.0 WorkshopNIST Cybersecurity Framework (CSF) 2.0 Workshop
NIST Cybersecurity Framework (CSF) 2.0 Workshop
 
Bird eye's view on Camunda open source ecosystem
Bird eye's view on Camunda open source ecosystemBird eye's view on Camunda open source ecosystem
Bird eye's view on Camunda open source ecosystem
 
UiPath Platform: The Backend Engine Powering Your Automation - Session 1
UiPath Platform: The Backend Engine Powering Your Automation - Session 1UiPath Platform: The Backend Engine Powering Your Automation - Session 1
UiPath Platform: The Backend Engine Powering Your Automation - Session 1
 
Introduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxIntroduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptx
 
Artificial Intelligence & SEO Trends for 2024
Artificial Intelligence & SEO Trends for 2024Artificial Intelligence & SEO Trends for 2024
Artificial Intelligence & SEO Trends for 2024
 
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
The Data Metaverse: Unpacking the Roles, Use Cases, and Tech Trends in Data a...
 
AI Fame Rush Review – Virtual Influencer Creation In Just Minutes
AI Fame Rush Review – Virtual Influencer Creation In Just MinutesAI Fame Rush Review – Virtual Influencer Creation In Just Minutes
AI Fame Rush Review – Virtual Influencer Creation In Just Minutes
 
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
 
Comparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and IstioComparing Sidecar-less Service Mesh from Cilium and Istio
Comparing Sidecar-less Service Mesh from Cilium and Istio
 
20150722 - AGV
20150722 - AGV20150722 - AGV
20150722 - AGV
 
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
Connector Corner: Extending LLM automation use cases with UiPath GenAI connec...
 
201610817 - edge part1
201610817 - edge part1201610817 - edge part1
201610817 - edge part1
 
Videogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdfVideogame localization & technology_ how to enhance the power of translation.pdf
Videogame localization & technology_ how to enhance the power of translation.pdf
 
Crea il tuo assistente AI con lo Stregatto (open source python framework)
Crea il tuo assistente AI con lo Stregatto (open source python framework)Crea il tuo assistente AI con lo Stregatto (open source python framework)
Crea il tuo assistente AI con lo Stregatto (open source python framework)
 
AI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity WebinarAI You Can Trust - Ensuring Success with Data Integrity Webinar
AI You Can Trust - Ensuring Success with Data Integrity Webinar
 
Designing A Time bound resource download URL
Designing A Time bound resource download URLDesigning A Time bound resource download URL
Designing A Time bound resource download URL
 
Basic Building Blocks of Internet of Things.
Basic Building Blocks of Internet of Things.Basic Building Blocks of Internet of Things.
Basic Building Blocks of Internet of Things.
 

The internet of things – The next wave - Insurance

  • 1. Copyright © Arqiva Limited 2014 Company confidential 1 The Internet of Things – The Next Wave of Change
  • 2. Copyright © Arqiva Limited 2014 Company confidential 2 Divider slide title Rise of the Machines 2020 451m connected devices in the UK 2013 100m connected devices in the UK 24% CAGR Source: Machina Research
  • 3. Copyright © Arqiva Limited 2014 Company confidential 3 Data is the lifeblood of insurance “The more the Internet of Things knows about you, the more that insurance companies are able to slurp that data and incentivize you to walk the straight and narrow” The Register – May 2014 "You know the way that advertising turned out to be the native business model for the internet? I think that insurance is going to be the native business model for the Internet of Things” Tim O’Reilly – May 2014
  • 4. Copyright © Arqiva Limited 2014 Company confidential 4 Connected Smoke AlarmsThe internet of things creates opportunities Property Auto Liability Health Pet Travel Livestock across a broad range of insurance sectors And others….
  • 5. Copyright © Arqiva Limited 2014 Company confidential 5 Arqiva’s Business TV and Radio “Market leader in terrestrial TV and radio broadcast infrastructure” “Nearly 50% market share of UK channels uplinked” Satellite “Own largest independent portfolio of WiFi/wireless sites” Telecoms and WiFi “Building a smart network for 10m homes and a national IoT network” Smart Metering and M2M
  • 6. Copyright © Arqiva Limited 2014 Company confidential 6 Arqiva’s role in the Internet of Things Arqiva provides a unique breadth of connectivity technologies IoT Connectivity Satellite LRR (Sensus) UNB (SIGFOX) 2G 3G/4G WiFi►Delivering smart metering to connect electricity and gas in 10 million homes – ►Partnered with SIGFOX to create new national Internet of Things network
  • 7. Copyright © Arqiva Limited 2014 Company confidential 7 Car Insurance Leading the way in use of technology to better inform of risk  Automotive telematics market will grow to 1.4B connections by 2020  GPS location for stolen vehicles reported 479,000 incidents of car theft in 2010 Even more possibilities for the future
  • 8. Copyright © Arqiva Limited 2014 Company confidential 8 Connected Smoke Alarms ►EU Insurer anticipating the new French regulation that every household will be equipped with a smoke detector by 2015. ►SIGFOX network enables insured customers to be alerted of any issues. • In case of intrusion/fire warnings. • Replacement battery if running low.
  • 9. Copyright © Arqiva Limited 2014 Company confidential 9 Home Security  Smartphone enabled home security allowing: • On-demand access to cameras • Home temperature monitoring • Noise detection with push notifications to smartphones
  • 10. Copyright © Arqiva Limited 2014 Company confidential 10 Home Access Control Innovative access control through smartphones  Keyless, encrypted locking technology  Give access to a cleaner a couple of hours a week.  Log history of who’s entered and exited  Landlords issuing new tenants keys and removing access from previous tenants.
  • 11. Copyright © Arqiva Limited 2014 Company confidential 11 Flood Insurance Richer data for better forecasts, revising flood protection investment and infrastructure  Key defence mechanisms to limit damage and increase commercial property protection in insurance.  Insurers could incentivise investment in protection and resilience.
  • 12. Copyright © Arqiva Limited 2014 Company confidential 12 Tracking Devices Asset Tracking examples  Bike Insurance  Agricultural Insurance  Pet Insurance  Travel Insurance
  • 13. Copyright © Arqiva Limited 2014 Company confidential 13 Pet Insurance  Smart collars enable pet owners to foresee early signs of diseases and behavioural issues, sending owners alerts via SMS.  Sensors that monitor temperature, pulse and respiration, allowing owners to share information with vets. • Activity patterns • Calories consumed • Heart rate variability
  • 14. Copyright © Arqiva Limited 2014 Company confidential 14 Insuring valuable items  Valuable objects will have electronic sensors manufactured into them  ‘Smart Dust’  Tracking items in real-time location.
  • 15. Copyright © Arqiva Limited 2014 Company confidential 15 Smart Technology in Construction  Autonomous and low cost SIGFOX modems provide connectivity for sensors with mechanical constraints in construction  Issues affecting construction insurance: • Site theft and fire supervision • Worker protection • Real time building monitoring • Optimized fleet management
  • 16. Copyright © Arqiva Limited 2014 Company confidential 16 Health Insurance Digital technology to facilitate changing behaviour.  Lack of exercise, imbalanced diet and lack of medication adherence provide opportunities in connected health and health insurance.  Connected pill bottles to remind patients when to take their pills, and track when they haven’t
  • 17. Copyright © Arqiva Limited 2014 Company confidential 17 The Internet of Things – The Next Wave of Change