THE INSURANCE AND THE IoT REPORT: How insurers are using connected devices to cut costs and more accurately price policies

Business Insider
By Nicholas ShieldsJun 15, 2017, 10:33 am324 pts
Insurance companies have long based their pricing models and strategies on assumptions about the demographics of their customers. Auto insurers, for example, have traditionally charged higher premiums for parents of teenage drivers based on the assumption that members of this demographic are more likely to…

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