Giambattista ("GB") Taglioni, Christian Reber, Nathalia Bellizia and Wallrick Williams
The Power of the Internet of Things in Commercial Insurance
Boston Consulting Group, 2021
Was ist drin?
Data, data, everywhere, and not a drop to drink…
Recommendation
Thoughts about insurance usually come at the end of an endeavor, following equipment installation, when a system is already built and ready to run. Thus, the insurers traditional and current function has been to get involved once at the beginning, to sell a policy, then later, but only when things go wrong. The Internet of Things (IoT) might change that. At the very least, IoT data will make it easier to evaluate claims and give quotes, and according to this special report from the Boston Consulting Group, IoT technologies may make the difference between profitability for early adopters, and loss for those who can’t keep up.
Summary
About the Authors
Giambattista (“GB”) Taglioni, Christian Reber, Nathalia Bellizia and Wallrick Williams are professionals with the Boston Consulting Group.
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