Insuring insurance

How IoT can be harnessed by a sector that is gradually adopting technology

The Internet of Things (IoT) through its disruptive capabilities has managed to play a transformational role across industries. It has become imperative for organisations, irrespective of the sectors, to explore new avenues where the potential of IoT can be harnessed from a business perspective.
 
In India, the insurance sector, once considered a laggard in technology adoption, is shedding this image by adopting disruptive and emerging technologies across lines of operations. Over the last few years, considerable investments have been made by the industry on IT tools such as big data, analytics and chatbots to address a gamut of business