IoT: Insurance of Things (WIP)

B^LOG(AC)

As the life insurance firms leverage the last bits of arbitrage opportunities created by the risk pool of their policy owners there comes a new technology revolution to aid in creation of blue oceans for them. At the same time it increases the risk profile of policy owners. So should you engage or wait and watch?

IoT (Internet of Things) the third IT revolution is here. It is currently channeled by not only a vast pool of startups but also has started rooting at an industrial scale. Here I lay a life insurance perspective on the revolution’s manifest and underlying ramifications.

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