IoT Platforms Emerge For Insurers

IoT Platforms Emerge For Insurers

The insurance industry is accelerating deployment of Internet of Things platforms as a way of connecting with insured assets ranging from vehicles, property and even individual policyholders. In an IoT case study, a telematics vendor worked with Cloudera and other data platform vendors over the last two years to develop a secure next-generation platform that captures data generated by IoT sensors. It then integrates data with insurers’ claims process. Following about six months of beta testing, Octo Telematics said it released a commercial version of its next-general platform in July 2017. It is currently migrating most of its existing […]