Where insurance tech is headed next. 10 insurer-IoT partnerships. Lack of insurance unicorns.
Insurer of Things
The Internet of Things is one of the most hyped tech phenomenons with applications for the insurance industry. The big hope for life insurers, general carriers, and private health providers is that smart devices will drastically improve how they price risk.
One major way they are diving into the IoT opportunity is partnering with startups and tech giants.
Last week, we presented a webinar to 1000+ attendees on insurance tech trends. From trending startups to VC commentary to how insurance incumbents are responding, here’s 52 slides to get up to speed on the emerging insurance tech landscape.
Google Compare CEO Nicolas Weng Kan recently had a few words that must have given insurance professionals a sigh of relief:
“Google Compare is not becoming an Auto Insurance carrier.”