Connected insurance not only incorporates the most advanced technologies but also makes the internal logic of the insurance sector even more effective and efficient. It optimizes processes , reduces costs , and personalises the customer experience . For all these reasons, as we will see, market players can no longer afford to ignore it.
Wearable devices that record health indicators in real time and allow canada whatsapp resource doctors and patients to be in constant communication. Home automation systems that allow homeowners to control lights and locks directly from their cell phones. Software installed in cars that provides data both to those behind the wheel and to a variety of stakeholders with various interests in driving habits and car performance: car manufacturers, institutions that monitor and govern traffic, drivers of other vehicles and, of course, insurance companies.
The ones we have described are all cases that we can trace back to connected insurance , an innovative business model that:
uses IoT platforms , sensors and devices to collect data useful for monitoring the actual behavior of users and consumers,
translates this data into insights that it makes available to players in the sector.
Connected insurance integrates inputs from multiple sources into an interconnected ecosystem with the aim of creating knowledge that can improve the decisions of companies operating in the insurance sector .
The impact that connected insurance produces is not so much on the nature of the processes of the insurance sector , which remains substantially the same, but rather on the speed , reliability and simplicity of execution of those same processes. Let's try to delve deeper into this last statement.