The insurance sector, traditionally reliant on vast archives of data and risk-averse, is undergoing a major transformation due to the proliferation of Internet of Things (IoT) technology. IoT's expansive data capabilities are revolutionizing insurers' risk assessment, policy management,
The insurance industry is being revolutionized by IoT technology. Once just offering policies online, like Progressive Insurance in 1997, the sector now leverages a steady flow of data from IoT devices in cars, homes, and on people to transform risk management and pricing models. The traditional
The insurance sector is on the cusp of a major evolution, pivotal to which is the Internet of Things (IoT). This technological advance is set to change the very foundation of risk assessment and insurance. As devices begin to communicate effortlessly, a deluge of real-time data becomes available to
The Dark Side of Connected Vehicle Services As vehicles become more technologically advanced, services like General Motors' OnStar Smart Driver program promise enhanced safety and convenience. But beneath the surface of these modern trappings lies a concerning ability to track and analyze our
The digital era ushers in unprecedented transformations across the globe, with Artificial Intelligence (AI) and Big Data redefining the nature of international trade and commerce. In this interconnected world, the fluidity of cross-border data flows has become the backbone of economic growth,
A recent exposé by The New York Times has brought to light a concerning trend in the automobile industry that encroaches on driver privacy. Prominent car manufacturers such as General Motors, Honda, Kia, Mitsubishi, and Subaru have been implicated in the controversial practice of selling detailed
