Study: Insurers adopting smart home policies

Will Koblensky for Insurance Business:  A combination of consumer demand and industry interest could create a wave of smart home technology and IoT disruption for home insurers in the near future.
According to an NTT Data report, 59% of surveyed home carriers say they’re making “strong progress” adding smart home technology to their coverage while 77% of those carriers are ramping up IoT initiatives.
“We know that there aren’t that many products already out there, so these are initiatives designed to get them into the game,” Normand Lepine, insurance data and analytics lead for NTT DATA said.
“We believe a lot of what’s going on right now is around strategy, potentially infrastructure. There are still a lot of challenges and they (carriers) know that. Until they really understand how this is going to be beneficial, they’re still going to go slowly.”  Cont'd...

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

VMP’s new ERVR Series of Vertical Equipment

VMP's new ERVR Series of Vertical Equipment

VMP's new ERVR Series of Vertical Equipment Racks are available in 1U, 2U, and 4U configurations, and are now shipping. For installation applications that lack the space for conventional floor or wall cabinets, such as in smaller security IT rooms and offices, this innovative compact solution provides plenty of versatility. The series accommodates rack equipment of any depth; equipment can be wall mounted vertically or under a desk horizontally; standard 10-32 threading; fold out design reduces packaging and shipping; steel construction; load capacity - 150 lbs.; black finish; ER-VR4U: 4U; ER-VR2U: 2U; ER-VR1U: 1U The versatile ERVR series gives you a flexible, reliable and affordable solution for all of your limited space installations requiring up to a 150 lb. weight capacity. Simple in design but rugged in construction, it's tough enough for even your most challenging applications.