Oct.7, 2024 — By Heather Turner, ReSource Pro — The insurance industry is known for being traditional and cautious, which often means adopting new technology later than other industries.But with the rise of the Internet of Things (IoT) and other connected world technologies, insurers have the opportunity to tap into new data sources and unlock untapped potential.
With billions of devices connected seamlessly to the internet, personal and commercial carriers are not taking advantage of the the full potential of the IoT for insurance.
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Publisher: Insurance Canada
Publisher: Insurance Canada
