At a glance
- A revolution in data is enabling insurers to predict risk precisely
- The technology can identify trends and help clients prevent accident "events”
- We feature in this special 24 page report published in The Times
Businesses are piloting new monitoring technologies, reshaping how risk is assessed and enabling highly accurate underwriting.
A revolution in data is enabling insurers to predict risk precisely, empowered by businesses’ digital footprint gathered from property and operational monitoring systems. Insurers can also use the technology to identify trends and help clients prevent accident “events”, reducing the frequency and severity of claims.