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Insurance Nexus, in collaboration with the IoT Insurance Observatory, are pleased to announce the Connected Insurance Report 2018: an exhaustive exploration of IoT in today’s insurance industry. This report is the first of its kind to conceive of Insurance IoT holistically, as a paradigm shift necessitating changes in insurer business models, organisational structures and technology stacks.

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Gain Insights to Benchmark Against Your Peers and Advance in 2019, including:

  • Connected Insurance Business Models: how insurers are utilizing connected technologies to transform the definition of insurance policies, delivering value for customers and carriers
  • Industry Statistics on the maturity, adoption and challenges of connected product development amongst leading global insurers
  • Industry-Wide Timelines: understand why it is important to act now; benchmarking development broken across lines and geographies
  • The Tech Enabling Transformation: uncover the technologies having the biggest impact on connected insurance and who they converge to drive new opportunities

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Featuring Contributions From:

Our report is based on the knowledge accumulated by 500 respondents completing our Connected Insurance Survey and the IoT Insurance Observatory and Insurance Nexus’ network of thought leaders, 23 of whom have given us in-depth interviews in which they discussed their organisation’s IoT strategy:

Matteo Carbone
IoT Insurance Observatory

Matteo Carbone

Founder and Director

Allison Whittington
Zurich Municipal

Allison Whittington

Head of Housing

Anton Fatti
Discovery Limited

Anton Fatti

Chief Digital Officer

Boris Collignon
Desjardins General Insurance Group

Boris Collignon

VP Strategy, Innovation and Strategic Partnerships

Cecilia Sevillano
Swiss Re

Cecilia Sevillano

Head Smart Homes Solutions

Dan Company
The Hartford

Dan Company

AVP Innovation

Davide Devietti Goggia
Reale Mutua Assicurazioni

Davide Devietti Goggia

Direction Auto-Planning / Products and Scenarios in Auto

Enrico Mastrangeli
The Commonwell Mutual Insurance Group

Enrico Mastrangeli

Director, Business Innovation and Product Owner

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Executive Summary of the Connected Insurance Report 2018

  • Turn the challenges of connected insurance into profitable opportunities: The age of connected insurance is upon us and with it comes big, risky changes that can be hard to predict, even for an industry whose entire expertise relies on predicting, and mitigating against, risk. Everything the insurance industry knows has the potential to change over the next few years, but for those with the right attitude, organisational structure and customer relationships, this also represents immense opportunity.
  • Implement guidance we’ve gathered for you from the world’s top insurers: The good news for you is that these people have been there first, have carried out a lot of the experiments and they share their experience here, so that you don’t have to. As an insurer who might be cautious about taking the leap into connected insurance, we present advice and learned examples from some of the largest, leading insurers, globally.
  • Understand how to turn your data collection into customer retention and profit in the new connected insurance ecosystem: More IoT means more data, so more opportunities to create value. Get it right, and there is opportunity to share the value with everyone, from the insurer, to service-providers, customers, and even society. Our report gives examples of how this is already being done, as well as practical guidance on digital transformation, organisational restructuring and the tech stack you need to build, to prepare your business for the future.
  • As a central source, we bring our network of the most revered experts and thought leaders together, giving you the rare opportunity to benefit from their valuable experience and ideas. As with our conferences, Insurance Nexus’ “Connected Insurance Report” focuses on the real commercial opportunities available to you and how to implement them.
Emma Sheard

Emma Sheard

Head of Strategy
Insurance Nexus

Phone: +44 (0) 207 422 4349

Email: emma.sheard@insurancenexus.com

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