From Risk Transfer to Risk Prevention – How the Internet of Things is reshaping business models in insurance
The amount of data being generated globally – much of it in real time – is increasing, fuelled by the expansive use of sensors and smart devices in almost all areas of life. A key driver of this development is the Internet of Things (IoT). For insurance companies, such data can provide valuable insights, with the potential to predict and prevent risks. This conference explored the megatrend of IoT-driven risk prevention services, and looked at their enormous potential to promote safer and healthier workplaces and lifestyles and examined the benefits to society as a whole. Discussions focused on enablers for the successful development of sustainable prevention services.
The virtual event was co-organised with Sun Life Financial