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IoT investment in the insurance sector on the rise

Jan 08, 2019 - Marketline Newswire

With most industries embracing digital transformation in an effort to improve their bottom line and deliver benefits for the consumer, the insurance sector is no different as it is looking to invest in new technologies to not be left behind.

Insurers across the globe have been actively adopting new technologies such as the Internet of Things (IoT), cloud computing, artificial intelligence, big data and analytics, and blockchain to redefine their growth strategies, enhance their daily opera...