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How to growth of IoT is impacting insurance

The Internet of Things (IoT) has been disrupting all of our lives for some time now, whether we know it or not. Our homes are increasingly internet-connected via our lights, doorbells and even our fridges. The technology will also play a crucial role in enabling workers to return to the office by creating safe and healthy workplaces, whether with social distancing sensors or monitors to ensure we wash our hands in the bathroom.

Beyond these use cases, IoT is having a much wider impact on certain areas of our daily lives, and next on the list is insurance. In particular, the technology is expected to transform how insurers assess business risk in the future.


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