The document discusses the rise of connected devices and how insurers can leverage data from the Internet of Things. It notes that over 50 billion devices are expected to be connected to the Internet by 2020 and generating large amounts of data. Insurers can use this data for underwriting, segmentation, risk assessment, claims handling, and developing new products. However, directly partnering with many different device manufacturers and data providers would be challenging for insurers. The document proposes a solution called the Verisk Telematics Data Exchange, which would allow for the standardized and scalable sharing of Internet of Things data across the insurance industry.
Presentation about how the IoT can be applied in the Insurance sector (eHealth, wearables, telematics, connected cars, connected homes...). Presentation held by Szymon Uczciwek at Comarch Benelux Insurance Breakfast on the 18th of September in Brussels.
In October 2017, Initio was invited to participate as speaker to the Insurance Breakfast organized by Comarch in Brussels & Luxembourg.
For this event, we held a keynote about Connected Objects usage in Insurance. This is the synthetic resume and the slides of our presentation.
The internet of things – The next wave - InsuranceArqiva
Our Managing Director of Smart & M2M, Wendy McMillan, talks through the impact of the IoT on the insurance industry at the Insurance and Analytics convention in September 2014.
Are customers ready for smart home technology? Today, 2 out of 3 U.S. homeowners insurance customers would be willing to change insurance companies to get policy discounts for using smart home devices, including smart thermostats, smoke/carbon monoxide detectors and garage door openers.
NTT DATA's national research study uncovers consumers' interests in using smart home devices and their concerns around sharing data from those devices with insurance companies.
The Insurance of Things - How IoT Will Disrupt The Insurance IndustryAtooma Inc
Thanks to the technological convergence which the Internet of Things is, a lot of data is being generated by people and objects. But Big Data is valuable only as long as it is actionable. This amount of available data can and will have a strong impact on every industry in the next few years, providing new opportunities to improve business intelligence and make smarter decisions.
Business insider estimates that there will be 18 billion connected devices by 2018. While considering IoT on a consumer level, Strategy Analytics claims we will have 4,3 smart devices per person on the planet by 2020. Such a horizontal distribution of the internet of things allows insurance companies to estabilish a new dialogue with their customers. On the other hand, it will allow them to design tailor made solutions based on internet of things based analytics.
Insurtech.news - INSIGHT: INSURANCE INTERNET OF THINGS INDUSTRY SURVEYInsurtechNews.com
At the beginning of the year, everyone is looking at how to identify the crucial elements of change that will affect their business in the next twelve months. Discussions from CES 2016 showed that the attention for a lot of companies has turned to connected devices and the internet of things. There are next-gen refrigerators that look like smartphones, smart shoes that track your running habits, and autonomous vehicles that drive for you – that’s just to name a few! But, what we need to ask is who this digital ecosystem is going to affect and what players are being left out of critical first steps of IoT deployment. Recently, FC Business Intelligence asked over 300 insurers what they think the internet of things could deliver for their business. Take a look at the survey infographic featuring insight in to the applications of IoT for insurers for exclusive insight.
Shaping the right strategy, managing thebiggest risk.Until recently, the Internet of Things (IoT) was on the strategic agenda of only the largest and most progressive insurers. The IoT was largely viewed as a futuristic concept, and many insurers adopted a “wait and see” attitude.
Presentation about how the IoT can be applied in the Insurance sector (eHealth, wearables, telematics, connected cars, connected homes...). Presentation held by Szymon Uczciwek at Comarch Benelux Insurance Breakfast on the 18th of September in Brussels.
In October 2017, Initio was invited to participate as speaker to the Insurance Breakfast organized by Comarch in Brussels & Luxembourg.
For this event, we held a keynote about Connected Objects usage in Insurance. This is the synthetic resume and the slides of our presentation.
The internet of things – The next wave - InsuranceArqiva
Our Managing Director of Smart & M2M, Wendy McMillan, talks through the impact of the IoT on the insurance industry at the Insurance and Analytics convention in September 2014.
Are customers ready for smart home technology? Today, 2 out of 3 U.S. homeowners insurance customers would be willing to change insurance companies to get policy discounts for using smart home devices, including smart thermostats, smoke/carbon monoxide detectors and garage door openers.
NTT DATA's national research study uncovers consumers' interests in using smart home devices and their concerns around sharing data from those devices with insurance companies.
The Insurance of Things - How IoT Will Disrupt The Insurance IndustryAtooma Inc
Thanks to the technological convergence which the Internet of Things is, a lot of data is being generated by people and objects. But Big Data is valuable only as long as it is actionable. This amount of available data can and will have a strong impact on every industry in the next few years, providing new opportunities to improve business intelligence and make smarter decisions.
Business insider estimates that there will be 18 billion connected devices by 2018. While considering IoT on a consumer level, Strategy Analytics claims we will have 4,3 smart devices per person on the planet by 2020. Such a horizontal distribution of the internet of things allows insurance companies to estabilish a new dialogue with their customers. On the other hand, it will allow them to design tailor made solutions based on internet of things based analytics.
Insurtech.news - INSIGHT: INSURANCE INTERNET OF THINGS INDUSTRY SURVEYInsurtechNews.com
At the beginning of the year, everyone is looking at how to identify the crucial elements of change that will affect their business in the next twelve months. Discussions from CES 2016 showed that the attention for a lot of companies has turned to connected devices and the internet of things. There are next-gen refrigerators that look like smartphones, smart shoes that track your running habits, and autonomous vehicles that drive for you – that’s just to name a few! But, what we need to ask is who this digital ecosystem is going to affect and what players are being left out of critical first steps of IoT deployment. Recently, FC Business Intelligence asked over 300 insurers what they think the internet of things could deliver for their business. Take a look at the survey infographic featuring insight in to the applications of IoT for insurers for exclusive insight.
Shaping the right strategy, managing thebiggest risk.Until recently, the Internet of Things (IoT) was on the strategic agenda of only the largest and most progressive insurers. The IoT was largely viewed as a futuristic concept, and many insurers adopted a “wait and see” attitude.
I'm pleased to share the first Singapore InsurTech Landscape. The focus is on the start-ups founded in SG, as well as those with regional HQs or major projects (such as Collab). Hats off to a vibrant ecosystem!
Please note that landscapes are living documents. Feel free to DM me on LinkedIn to agree, disagree or add your start-up to the landscape!
Infographic: The connected insurance customerBrian Banigan
Infographic featuring insights from the IBM Institute for Business Value study "Digital reinvention - Trust, transparency and technology in the insurance world of tomorrow"
http://www-935.ibm.com/services/us/gbs/thoughtleadership/digitalreinvention-insurance/
The first think tank dedicated to the Connected Insurance (Telematics & Insurance IoT), the most relevant insurTech trend (representing around 80% of the $16,5B invested on IsurTech globally as of today)
The Connected Insurance Observatory is think tank specialized on telematics and insurance IoT. It is engaging insurers, distributors, institutions and tech players with the goal to spread a culture of innovation throughout the insurance sector
The Singapore FinTech Consortium - Introduction to InsurTechFinTech Consortium
When you hear of “insurance”, the words “innovation” and “technology” would not come to mind intuitively – but they should now. At this day and age, insurance technology has the potential to affect nearly every essential insurance function, ranging from distribution methods to actuarial number crunching. InsurTech is now being implemented across every stage of the insurance value chain.
InsurTech 2016 Conference is a global gathering of the world's leading thinkers and doers in Insurance innovations and technology. It's a gathering of the planet's businesses, large and small, who are being impacted by new innovations to want to meet the demands of the insurance market.
This year, over 300 attendees will make the trip from all corners of the globe to hear from 80 industry thought leaders who will deliver the knowledge you're looking for to succeed in this arena.
InsurTech 2016 will assure that you meet the top insurance and technology professionals - leading 22 interactive and insightful sessions across all the insurtech spectrum, including:
Digital distribution channel
Blockchain
Data Analytics
Wealth Management
IoT & Telematics
Auto Tech
Health Tech & Wearables
Book your delegate ticket now for additional 15% Discount @ http://bit.ly/2bmXVxG
In the last 30 years, technology has changed more than we could have imagined. Catch a glimps of the possibilities of healthcare in the future - from Telehealth Failures & Secrets To Success conference: vsee.com
A survey created by InsurtechNews in collaboration with InsurTech 2016 Singapore, involving over 120 respondents. Based on the answers collected, the most relevant area of Insurtech is Connected Insurance and this is not surprising at all. According to a preliminary release of a study jointly developed by Venture Scanner together with the Connected Insurance Observatory, connected insurance initiatives represent 30% of start-ups but have gathered an astonishing 80% of insurtech funding. Online purchases continue to be deemed as very relevant although such promise is everything but new and has yet to materialize. Things may change though if the new purchase innovation is push sales...
Unsurprisingly, respondents also indicated that insufficient knowledge and understanding of the insurance market is the most important challenge for InsurTech start-ups and creates an imperative for collaboration between incumbents and start-ups. The second barrier is the incapacity to engage and partner with incumbents. This point confirms the importance of all open innovation initiatives of the last few months: from hackathons to co-creation labs, from incubators to accelerators. They are all fundamental to allow start-ups to access incumbents and vice-versa.
InsurTech trends: Connected Insurance as the most relevant one considering TAM and maturity level. It has already shown adoption and material impacts in some markets.
Digital disruption in the insurance sector in indiaPrayukth K V
The Insurance sector in India will see massive digital disruption dislodging conventional business and customer engagement paradigms in the years to come...find out more
The IoT Insurance Observatory is a four year old think tank specialized in insurance IoT
The Observatory generates and promotes innovation in the insurance sector: representing the cutting edge of global innovation; offering a strategic vision to exploit the insurance IoT full potential; stimulating research and debate between the participants.
The think tank focused on Connected Insurance, the first InsurTech trend able to scale up. We are addressing the business opportunities on auto telematics, other personal lines (connected health, connected life, connected home) and commercial lines
I'm pleased to share the first Singapore InsurTech Landscape. The focus is on the start-ups founded in SG, as well as those with regional HQs or major projects (such as Collab). Hats off to a vibrant ecosystem!
Please note that landscapes are living documents. Feel free to DM me on LinkedIn to agree, disagree or add your start-up to the landscape!
Infographic: The connected insurance customerBrian Banigan
Infographic featuring insights from the IBM Institute for Business Value study "Digital reinvention - Trust, transparency and technology in the insurance world of tomorrow"
http://www-935.ibm.com/services/us/gbs/thoughtleadership/digitalreinvention-insurance/
The first think tank dedicated to the Connected Insurance (Telematics & Insurance IoT), the most relevant insurTech trend (representing around 80% of the $16,5B invested on IsurTech globally as of today)
The Connected Insurance Observatory is think tank specialized on telematics and insurance IoT. It is engaging insurers, distributors, institutions and tech players with the goal to spread a culture of innovation throughout the insurance sector
The Singapore FinTech Consortium - Introduction to InsurTechFinTech Consortium
When you hear of “insurance”, the words “innovation” and “technology” would not come to mind intuitively – but they should now. At this day and age, insurance technology has the potential to affect nearly every essential insurance function, ranging from distribution methods to actuarial number crunching. InsurTech is now being implemented across every stage of the insurance value chain.
InsurTech 2016 Conference is a global gathering of the world's leading thinkers and doers in Insurance innovations and technology. It's a gathering of the planet's businesses, large and small, who are being impacted by new innovations to want to meet the demands of the insurance market.
This year, over 300 attendees will make the trip from all corners of the globe to hear from 80 industry thought leaders who will deliver the knowledge you're looking for to succeed in this arena.
InsurTech 2016 will assure that you meet the top insurance and technology professionals - leading 22 interactive and insightful sessions across all the insurtech spectrum, including:
Digital distribution channel
Blockchain
Data Analytics
Wealth Management
IoT & Telematics
Auto Tech
Health Tech & Wearables
Book your delegate ticket now for additional 15% Discount @ http://bit.ly/2bmXVxG
In the last 30 years, technology has changed more than we could have imagined. Catch a glimps of the possibilities of healthcare in the future - from Telehealth Failures & Secrets To Success conference: vsee.com
A survey created by InsurtechNews in collaboration with InsurTech 2016 Singapore, involving over 120 respondents. Based on the answers collected, the most relevant area of Insurtech is Connected Insurance and this is not surprising at all. According to a preliminary release of a study jointly developed by Venture Scanner together with the Connected Insurance Observatory, connected insurance initiatives represent 30% of start-ups but have gathered an astonishing 80% of insurtech funding. Online purchases continue to be deemed as very relevant although such promise is everything but new and has yet to materialize. Things may change though if the new purchase innovation is push sales...
Unsurprisingly, respondents also indicated that insufficient knowledge and understanding of the insurance market is the most important challenge for InsurTech start-ups and creates an imperative for collaboration between incumbents and start-ups. The second barrier is the incapacity to engage and partner with incumbents. This point confirms the importance of all open innovation initiatives of the last few months: from hackathons to co-creation labs, from incubators to accelerators. They are all fundamental to allow start-ups to access incumbents and vice-versa.
InsurTech trends: Connected Insurance as the most relevant one considering TAM and maturity level. It has already shown adoption and material impacts in some markets.
Digital disruption in the insurance sector in indiaPrayukth K V
The Insurance sector in India will see massive digital disruption dislodging conventional business and customer engagement paradigms in the years to come...find out more
The IoT Insurance Observatory is a four year old think tank specialized in insurance IoT
The Observatory generates and promotes innovation in the insurance sector: representing the cutting edge of global innovation; offering a strategic vision to exploit the insurance IoT full potential; stimulating research and debate between the participants.
The think tank focused on Connected Insurance, the first InsurTech trend able to scale up. We are addressing the business opportunities on auto telematics, other personal lines (connected health, connected life, connected home) and commercial lines
The Observatory generates and promotes innovation in the insurance sector: representing the cutting edge of global innovation; offering a strategic vision to exploit the insurance IoT full potential; stimulating research and debate between the participants.
The seven annual Observatory editions in figures:
- 2738 hours of one-to-one workshops
- 32 plenary symposiums between North America and Europe
- 87 insurance companies (including 4 of the top 5 Reinsurers, 11 of the top 15 European Insurance Groups, and 10 of the top 15 US P&C Insurance Groups)
- 51 tech players and vendors
The IoT Insurance Observatory mission is to promote a profitable IoT adoption in the insurance sector.
The six annual editions have aggregated more than 130 organizations.
Tech players and Insurance companies, including:
* 4 of the top 5 Reinsurers
* 11 of the top 15 European Insurance Groups
* 10 of the top 15 US P&C Insurance Groups
Insurance IoT Observatory is a six-year-old think tank specialized on the insurance IoT with the participation of top executives from the most relevant Insurers, Reinsurers, and Tech players in the IoT insurance arena
The think tank membership provides access to the most globally relevant insurance IoT knowledge
How could Smart Contracts affect the Insurance Industry?George Theofilis
How will blockchain technology affect Insurance Industry? Some ideas for decentralized applications in the Insurance domain, which will make insurance companies more trustworthy and will eventually eliminate all the inefficiencies in a way that the exchange of sensitive information between partners will be safer.
The fourth industrial revolution – Understanding the opportunities and threats
With the speed of change that the new wave of technology represents we will consider the changing impact on business.
Testing the Next Generation of Technologies: IoT, Mobile, and Cloud … Oh My!TechWell
Testing technology, tools, and methods are always playing catch up with the latest—and the next greatest—consumer and business applications and software-intensive products. Now with IoT, mobile, and the cloud, almost EVERY new product has a software testing aspect. Costa Avradopoulos explores the bewildering challenges and recent trends in testing IoT, mobile, and cloud applications. He outlines the necessary elements of test strategy for each of these technologies: building a test lab, test coverage, test data, test management, tools, and automation. Bringing it all together with a practical example, Costa walks you through a recent, large project Fortune 500 company case study that entailed a mobile enterprise app, an IoT solution for embedded devices, and a cloud-based application for dashboards and analytics. Learn about their real project challenges and how they addressed nuances of IoT, mobile, cloud for testing. Take back a blueprint with sample frameworks and methodologies for designing a world-class, multi-technology test environment.
EMEA10: Trepidation in Moving to the CloudCompTIA UK
Today’s buzz centres on cloud computing. What is it exactly? Will it dent your revenues or does it have potential to add capabilities to your business? How do you deliver value when you don’t “install” anything? Learn how to use this new approach to delivering IT services in your business, what to consider and where it makes sense – and where it doesn’t! Dave Sobel, CEO of Evolve Technologies, talks to you about how to develop cloud offerings and how you position your business for growth around online services. Strategies come from real life experience, industry data, and collaboration with other solution providers to give you the best way to take on the big, bad cloud.
Unlock the potential of data security 2020Ulf Mattsson
Explore challenges of managing and protecting data. We'll share best practices on establishing the right balance between privacy, security, and compliance
Insurtech, Cloud and Cybersecurity - Chartered Insurance InstituteHenrique Centieiro
Nov. 2020 presentation on Insurtech, how cloud is enabling insurtech and cybersecurity for cloud and insurtech.
Prepared by Henrique Centieiro for CII - Chartered Insurance Institute Hong Kong
New regulations and the evolving cybersecurity technology landscapeUlf Mattsson
As the cyber threat landscape continues to evolve, organizations worldwide are increasing their spend on cybersecurity technology. We have a transition from 3rd party security providers into native cloud security services. The challenge of securing enterprise data assets is increasing. What’s needed to control Cyber Risk and stay Compliant in this evolving landscape?
We will discuss evolving industry standards, how to keep track of your data assets, protect your sensitive data and maintain compliance to new regulations.
Markerstudy Group Drives Growth and InnovationCloudera, Inc.
Learn how Markerstudy Group is driving growth and innovation. The general insurer uses both Cloudera Enterprise powered by Hadoop and SAS Analytics. With it's big data analytics platform, Markerstudy has achieved significant ROI including 120% increase in policy count over 18 months.
Become the best version of most in-demand cybersecurity experts with the best cybersecurity certifications to guide OT security frameworks. Foresee cybersecurity threats as a specialized OT security professional and gain big!
Read more: https://shorturl.at/jsuGS