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The Consumer IoT's Boon for the Insurance Industry

2018-11-28 21:28:01| TechNewsWorld

Smart home and consumer IoT solutions promise significant opportunities for the insurance industry in terms of reducing costs, alleviating risks, deepening customer engagement, and creating new services and revenue streams. There are many barriers ahead to overcome, but given the tremendous upside, insurance companies have begun attacking these challenges with a multi-tiered strategy.

Tags: industry insurance consumer boon

Category:Information Technology

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