Weather Monitoring and Telematics Applications in Insurance
The insurance industry has complicated processes involving multiple personnel like actuaries, underwriters, and claims managers. Technology has brought processes closer through platform interconnectedness, enabling better event tracking and forecasting to save time and money for insurers and insureds.
Advanced technologies such as telematics and weather monitoring can benefit the insurance sector. Telematics allows data collection from remote locations for quick roadside assistance. Meanwhile, weather monitoring systems help insurers and adjusters prepare better for natural calamities by proactively preparing their teams to support policyholders after significant events.
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