Weekly Newsletter

08 January 2024

Weekly Newsletter

08 January 2024

Role of IoT in Life Insurance

IoT devices can help monitor driving habits and provide usage-based insurance (UBI) policies, promoting safer driving practices and potentially reducing premiums. Root Insurance utilizes IoT devices to monitor driving behavior and offer UBI. It does this by installing a mobile app that tracks metrics such as speed, braking, and mileage to offer personalized premiums based on individual driving habits.

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