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How Telematics, IoT Are Revolutionizing Insurance

Years of consistent technological innovations have brought the global insurance industry on the verge of revolutionary change. Like many other decades-old industries, the insurance segment is long used to using traditional policy pricing and risk-assessment models that have now become the norm among insurance professionals.

However, technology doesn’t remain static and has advanced a great deal since the insurance industry first came up with the models it now uses to assess client risk and…

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