Given technology innovation, it's imperative that we look ahead, constantly scanning the road for fraud hazards in order to safely avoid hitting them head on. Two of the immediate hazards lying on the insurance roadway that everyone should have on their radar screens involve the "Internet of Things" (IoT) and telematics.
Oxford Dictionary defines IoT as "a proposed development of the Internet in which many everyday objects are embedded with microchips giving them network connectivity allowing them to send and receive [real time] data" to an individual, organization or business.
Telematics is on the rise
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 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.
