Global Internet of Things (IoT) in BFSI Market

Shankar Hanamghar29 Aug, 2020Business

IoT is helping the insurance companies in more effectively determining insurance prices and providing services that keep people and their assets safe. IoT devices, such as smart devices and phones, can use accelerometers, gyroscopes, GPS, and sensors to provide data on consumers. This usage pattern can be further used by insurance companies to provide UBI solutions