Technology Transforms How Insurers Calculate Risk

By | September 9th, 2016|Categories: News|

SAN FRANCISCO — The world is a dangerous, unpredictable place — not a bad thing, perhaps, if you’re in the business of selling insurance, making loans or figuring out ways to prevent mishaps. But these days, technology is changing some of the calculations around risk, whether for car insurance, life insurance, flood insurance or even vacation-related accident insurance, and slowly but surely disrupting the financial core of the insurance business.

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Smart home technology may provide insurance benefits

By | August 10th, 2016|Categories: News|

Smart home technology is increasing very quickly in popularity. According to a March 2016 study conducted by August Home and Xfinity Home, the U.S. market is expected to double in the next 12 months, meaning by this time next year smart home technology should be present in 30 million homes. The survey found the most popular smart home products to be a connected camera and a video doorbell, with family safety and convenience being the two largest reasons motivating people to adopt smart home technology.

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