Insurance

About This Project

Real time monitoring of insured risks and dynamic pricing creates transparency to both the underwriting and rating process. Educating customers on the factors that impact their specific insurance premium not only takes the required precautions needed to avoid premium loading, but also puts customers in more control of their plan. For insurers the huge amount of granular data generated by sensors and devices attached to insured risks improves risk assessment accuracy and thus the underwriting process.

Category
Insurance