July 2025 ITL FOCUS: IoT By Insurance Thought Leadership ITL FOCUS is a monthly initiative featuring topics related to innovation in risk management and insurance.
featured A Paradigm Shift for Water Leak Sensors By Insurance Thought Leadership Bolt says it has shown that carriers can give water leak sensors to homeowners... and boost profits. That's a major change in IoT economics.
AI and IoT Redefine Risk Management By Dhruv Mehta AI and IoT transform insurance risk management from reactive pricing to loss prevention.
Telemedicine and Remote Monitoring By Theo Morrill A strategic opportunity: Insurance companies are leveraging telemedicine and remote monitoring to transform care delivery while reducing costs.
IoT Sensors Transform Winter Insurance Protection By Matteo Carbone Robin Luo IoT sensor technology emerges as critical defense against extreme weather events, presenting a huge opportunity for insurers.
5 Tech Trends Driving Innovation In 2024 By Amit Patel The time for adoption is now, and insurers must take action in our increasingly digital and data-driven landscape.
IoT Will Simplify Insurance, Not Complicate It By Jess Keeney This IoT has yet to realize its full potential but will allow carriers to focus on what insurance is intended to do – protect people and businesses.
Enabling Faster Car Crash Response By Matt Clarenson With usage-based insurance, carriers can detect accidents instantly and dispatch assistance, but many aren't taking full advantage of their programs.
Tech Secret to a Combined Ratio Below 100% By Matteo Carbone Deepak Karthikeyan While large personal auto insurers have adopted telematics-based programs, they’re only scratching the surface of the potential benefits.
Insurtech Is at an Inflection Point By Tom Kussurelis Insurtech funding has been dropping since 2021 and hit a 20-quarter low in 4Q22. Will it rebound, continue on a flat path or decline further?
'Digital Twins': The Race Is On By Roger Arnemann The concept is widely adopted in manufacturing and supply chain. Insurers that integrate digital twins will significantly out-compete rivals.
Insurance in 2030: What Does the Future Hold? By Marie Carr In an increasingly fractured world, insurers have to cover a greater array and frequency of intensifying risks.