Internet of Things in Insurance Market - Bolster Growth to Enhanced Performance of Insurance Industry
The Internet of Things is a network of devices, sensors, and services which are used to connect, exchange information and communicate. The Internet of Things is becoming popular in the insurance industry. The insurance providers have adopted Internet of Things based solutions in their core business solutions to improve its operational efficiency. The Internet of Things technology is matured in the property and casualty (P&C) insurances type.