Insurance companies have an opportunity to tap into the Internet of Things (IoT) which currently connects millions of people and things, including cars, homes, factories, electronics, biometrics and more – and the list is rapidly expanding. Insurers are already using speedometer sensors to monitor driving behavior, smart smoke alarms to inform claims, pollution sensors to detect air and water quality, water pipe sensors to detect bursts and flooding, biometric wearables to collect human and pet health data, and Bluetooth devices or Bluetooth Low Energy (BLEs) to support customer targeting. However, despite the availability of IoT devices and in some cases where they have already been implemented, their data, insurance firms still struggle with how to draw real results.
Synechron’s IoT Accelerator for Device Network Management provides the fundamental architecture to take any IoT device, collect data, and create actionable outcomes based on its analysis. It provides following distinct services:
Key Features and Benefits
To learn more about Synechron’s InsurTech Accelerators focused on the Internet of Things and the work we’re doing email us at firstname.lastname@example.org