
What is Insurtech IoT? | Pepper's Scott Ford | Internet of Things Podcast
IoT For All Podcast
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The Importance of Data in Insurance
The data that's collected and then analyzed from an insurance perspective, there's household behavior becomes a proxy for the type of insured. And this is information you're not going to get in a credit report. So it's real time information about a lot of things and activities that are occurring in a household. It can help insurance carriers understand what type of underwriting risk a particular household might represent.
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