Toronto, ON (Sept. 1, 2017) — Life and business as we know them are changing. As people increasingly embrace and incorporate connected technology into their daily lives, the insurance industry will need to effectively respond to how consumer trends are shifting.
For insurance carriers, the value of the Internet of Things (IoT) doesn’t lie only on smart devices, but in also leveraging IoT platforms to personalize their insurance products and understand their customers better.
In a new white paper, Internet of Things Platform for Insurance, IBM discusses how IoT platform integration can impact insurers’ core functions, including business operations, customer experience, product development and more.
IBM (NYSE: IBM) is the leader in open-source blockchain solutions built for the enterprise. As an early member of Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, IBM is dedicated to supporting the development of openly-governed blockchains. IBM has worked with more than 400 clients across financial services, supply chains, IoT, risk management, digital rights management and healthcare to implement blockchain applications. For more information about IBM Blockchain, visit www.ibm.com/blockchain.
Source: IBMTags: IBM, Internet of Things (IoT), whitepaper