Smart devices – connected through the Internet of Things, talking to each other, and harvesting data in real time – are on the rise. By 2020, more than half of major new business processes and systems will incorporate some element of the Internet of Things. It has the potential to completely redefine the traditional insurance business model, shifting the focus from paying out after the event, to the prevention of accidents occurring in the first place. Nick Hewer is joined by James Tucker – Smart Technology Manager, Allianz Daniel Pearce - Senior Analyst, Global Data Russ Mckay - Global solutions Architect, IBM Watson IoT division Lottie Macnair – Design Researcher, Connected Places Catapult

 

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