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Internet of Things Already Impacting Insurers

Friday, March 13, 2015

The “Internet of Things” (IoT) is already having an impact on the insurance industry, as more insurers launch pilot projects and experiment with embedded sensors and smart devices that go far beyond telematics. As intelligent devices are become more widespread and affordable, insurance companies are finding new and innovative ways to use IoT devices for data collection, customer and agent interaction and pricing.

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