2018 IoT and the State of the Insurance Industry Study
The unprecedented amounts of data from the Internet of Things (IoT) will put real-time insights in the hands of insurers, helping to redefine risk and creating the potential to disrupt the industry.
LexisNexis commissioned an industry-wide research study in late 2017 to determine the extent to which U.S. carriers are actively collecting, analyzing and taking action on data from telematics, connected homes and properties and wearable devices.
Findings showed that there are no clear industry leaders, creating an equal opportunity for all carriers to drive innovation, enhance customer value and gain a first-mover advantage.
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