In the world of IoT, exciting new technologies are being launched every day. Many of these offer a lot of potential value for insurance companies. Fitbits track health-related behavior, driving dongles offer cheaper car insurance policies, and smart homes will notify their inhabitants of fires, burglaries, or water leaks.
What to expect when you're developing
IoT can add unprecedented value for your organization and your customers. But the R&D investment and time to market can be prohibitive. When rolling out IoT solutions, insurance companies will generally go through four stages. Each stage comes with its own challenges and rewards, so let’s take a look at what you can expect once you dive in.
Onegini Connect offers a marketplace stocked with pre-configured IoT applications, tested and ready to go. If you tell us about your situation, we'd be happy to show what the Internet of Things can do for your organization. Contact us today to get started!