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Connected Insurance Is Here to Stay: Are You Ready for This New Insurance Paradigm?

Italians want connected insurance policies; they are not afraid of the Big Brother. According to the Ania-Bain Observatory, InsurTech can take off in the home and health sectors. Now is the time for both the model and management of connected insurance to be structured.

As of today, 22% of Italian households that have no home insurance are inclined to buy it—if it were connected insurance. This was the starting point of July’s meeting of the Connected Insurance Observatory, an Ania–Bain think-tank, which has put together executives from 30 insurance groups within the Internet of Things (IoT) sector to discuss the great potential of connected insurance, as well as the challenges it poses to the insurance business.

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