Analytics of Things for Insurance Industry

November 28, 2017

While various industries that have or use physical assets, devices and equipment - hook on to the wave of Internet of Things (IoT). This way they define several business use cases for new business models, better customer experience and increased operational efficiency. Since they have to pay huge amounts towards Insurance, they look forward to those Insurance companies that can provide them more value for money. They are aware that such a need also comes from their ability to provide more data to Insurance companies, so they can make truly “Data-driven Decisions”. In this white paper, we discuss how Insurance companies can leverage “Analytics of Things”, and offer new business models for their customers.

Spotlight

IOTAS, Inc

IOTAS is a smart home IoT (Internet of Things) platform that integrates hardware with software and was designed as an enterprise level integration platform for MDU's. We digitize properties from units to common spaces via installing smart outlets, switches, sensors, thermostats, and our (2017 CES Innovation Award winning) universal smart hub, all before the residents move in. This allows for property future proofing with new products (locks, Voice, etc) to be seamlessly added to the platform. We outfit both new construction and retrofits from the units to the common spaces and are hardware agnostic. Property managers can oversee their community data and manage/control empty units with a push of a button. Efficiency all around.

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Spotlight

IOTAS, Inc

IOTAS is a smart home IoT (Internet of Things) platform that integrates hardware with software and was designed as an enterprise level integration platform for MDU's. We digitize properties from units to common spaces via installing smart outlets, switches, sensors, thermostats, and our (2017 CES Innovation Award winning) universal smart hub, all before the residents move in. This allows for property future proofing with new products (locks, Voice, etc) to be seamlessly added to the platform. We outfit both new construction and retrofits from the units to the common spaces and are hardware agnostic. Property managers can oversee their community data and manage/control empty units with a push of a button. Efficiency all around.

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