Key use cases
General Insurance (P&C, Non-Life)
General insurance (P&C, non-life)
InsurTech and the changing risk landscape is driving P&C Insurance companies to explore and leverage new and existing data sources. Real-time IoT data from weather, seismic, drones, news feeds, sensors, and social coupled with machine learning is making their customer safer with preventive analytics.
The Connected World is redefining the age of the Customer. One of the biggest opportunities for Life insurance companies is how to leverage data to better know, understand and provide customers with the right lifestyle-based coverages and financial products for peace of mind.
As a reinsurer there is constant change and new factors impacting the risk portfolio. Do you write more or less of the same, or look for new risks? Equipping underwriters with insights from new IoT device data sources and monitoring or listening to risk variables is critical to profitability and solvency.