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

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BI Intelligence

This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here.

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 get into an accident.
See the rest of the story at Business Insider

See Also:

• Facebook's smart speaker may hit international markets first
• Didi and Volkswagen partner to develop a 'purpose-built' fleet and scale up autonomous driving capabilities
• Amazon just announced 5 offerings to shake up the home security market

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