Annual Meetings-Property & Casualty Insurance and the IoT - Mark Breading, Strategy Meets Action

Property & Casualty Insurance and the IoT - Mark Breading, Strategy Meets Action

Pdf Summary

The document from Strategy Meets Action 2016 discusses the impact of emerging technologies on the insurance industry. It highlights how digital transformation is changing the landscape, with examples like the Internet of Things, wearables, drones, and AI. The text emphasizes the need for insurers to adapt to new technologies to stay competitive, offering opportunities for new products, improved customer experience, and operational efficiencies. The potential value of technologies like gamification, AI, and wearables is highlighted, along with the importance of leveraging data for insights and action. The document also provides a call to action for insurers to monitor and adopt emerging technologies, engage with customers and partners, revise coverages, and enhance operational capabilities. Overall, the message is clear: embracing new technologies is critical for insurers to thrive in a rapidly evolving industry landscape.

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Presented by:
Mark Breading, Strategy Meets Action

Keywords

Insurance industry

Emerging technologies

Digital transformation

Internet of Things

Wearables

Drones

Artificial Intelligence

Operational efficiencies

Gamification

Data insights