The Internet of Things The biggest trend affecting the insurance industry in the coming years, iOT, the term refers to all connected devices in the world. The most obvious example of an internet expert is your home and mobile needs. But increasingly, the car itself – or the new sensor / technology in the car
Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Here are six ways where big data analytics can improve insurance claims processing: 1. Fraud One out of 10 insurance claims is fraudulent. Most fraud solutions on