Comprehensive Study on Internet of Things In Insurance Industry
Comprehensive Study on Internet of Things In Insurance Industry Insurance is a means of protecting against financial loss. It is a form of risk management that is mainly used to hedge against the risk of conditional or uncertain loss. A company that offers insurance is known as an insurer, insurance company, insurance carrier, or insurer. A person or organization that takes out insurance is called an insured person or policyholder. Get Sample PDF Some of the key players of Internet of Things In Insurance Industry : Accenture PLC, Cisco Systems Inc, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, SAP SE, Verisk Analytics, Inc, Zonoff Inc, Cognizant Technology Solutions Corp, Lemonade Inc. In the insurance transaction, the insured assumes a guaranteed and known - relatively minor - damage in the form of a payment to the insurer in return for the insurer's promise to compensate the insured in the event of an insured loss. The damage may or may n...