"insurance" articles

The recent rise of insurtechs has spurred modernization in the fundamentals of insurance, including policy creation, underwriting, and claims management. Insurtechs, such as Hippo and Lemonade, have implemented AI and data analytics to provide quick and accurate quotes to their customers while also decreasing their own operating costs. Such innovation has disrupted the traditional insurance industry and has helped alter underlying business models of legacy companies, forcing them to...
Prior to Parks Associates’ 13th-annual CONNECTIONS Europe: Strategies for the Smart Home and Consumer Iot conference, Mark Lufkin, CCO, Wondrwall shared insights with the analyst team to discuss challenges with rolling out smart home producs and services in Europe, revenue opportunities, and what is driving growth in European smart home markets. Mark will be participating on the Voice-First Smart Experience: Innovation and Disruption panel on Tuesday, November 13 at 13:00....
Prior to Parks Associates’ 13th-annual CONNECTIONS Europe: Strategies for the Smart Home and Consumer Iot conference, Michiel Fokke, CTO, Quby shared insights with the analyst team to discuss revenue opportunities and channels driving smart home products in Europe. Michiel will be participating on the Integrating Energy Services with the Smart Home panel on Wednesday, November 14 at 13:00. Panelists joining him on this session include: David Boundy, GM, Energy Solutions,...
Bill Loesch, CEO, LeakSentinel spoke with the Parks Associates’ analyst team prior to the 22nd-annual CONNECTIONS: The Premier Connected Home Conference to discuss how companies can capitalize on consumer interest in a home insurance-smart home connection. Bill will be speaking on the Insurance and Home Services: Being a Trusted Advisor panel at 1:30 PM, Thursday, May 24, in San Frncisco. He will be joined by the following speakers: Yuval Harry, Head of...
According to Parks Associates, roughly 80% of U.S. broadband households have either homeowners or renters insurance. With demand for IoT and smart home devices ever increasing, insurers are in a unique position to offer these devices due to insurers’ access to consumers as well as consumers’ overall trust of insurers. In the infographic below, Parks Associates outlines some of the key findings from its newest IoT research, Insurance Opportunities in the Connected Home , which...

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