News — IoT data RSS



Smart Homes Love Insurers

  Insurance companies have mastered the business of risk financing. The insurance industry has developed the science of pricing risk into an incredible art that now blends data science, actuarial science and behavioral economics seamlessly across most lines of business to varying degrees. While many insurance companies have helped pioneer...

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Proactive Homes Fund Luxury Tech

PC Mag recently reported data from Statista research showing the popularity of security and smart home: “Smart home security is more popular in the U.S. than anywhere else, at a household penetration rate of 18 percent.” Homeowners are looking to new smart home technology such as door locks, sensors, thermostats, etc....

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What does Smart Home Have to do with Insurance? Everything.

Home insurance is a necessity, but the purchasing experience could be improved to make it more enjoyable for homeowners. Currently when shopping for insurance, homeowners start with quotes from big-name companies and make their selection based on rates and coverage. But an insurance policy should be chosen for more than...

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Homeowners Thriving Using IoT Data

Data is an increasing point of discussion for the potential it can have to benefit a wide variety of industries, from agricultural to automotive, manufacturing and beyond. It can also become practical for the average homeowner, family, or renter through Internet of Things (IoT) technology that’s giving them control of and information about their property that they...

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