Internet of Things to reduce risks. Today's IoT devices can monitor for multiple perils in a home and provide alerts to minimize damage. (Credit: Nmedia/Adobe Stock)

For those in insurance who have been around a long time, especially in claims, you recognize how "manual" much of the claims process is. IoT will have a tremendous impact on how claims of the future are adjudicated.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.