InsureTech Future – Future customer behavior and the IOT Opportunity

Is IoT shaping the future of insurance? 

Customer behaviour driving the innovative insurance models –

• Key Market Trends – Connected IoT devices to reach an installed base of 25 billion units by 2020

• Health, auto & home insurance – A cross-Industry transformation landscape with real-time monitoring, collection and analysis of behavioural data for tracking customer lifecycle, finance apps on wearables, Smart contracts, upgraded payments etc.

Opportunities & challenges for IoT in Health insurance –

• Key challenges for the health insurers (new providers, new data and new policies)

• Fintech cashing on the changing customer expectations to offer new products and services in insurance (A Case Study)

• Potential partnerships between traditional insurers and Fintechs

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