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IoT Viewpoints

IoT Disruption Creates New Opportunities and Challenges for Insurance Providers

The insurance sector is often highlighted as one of the industries likeliest to see significant disruption from the IoT. But growth and take-up has been patchy. The number of telematics-linked auto insurance policies issued globally will grow at a solid 36% CAGR over 2015–20, while IoT-linked home insurance is showing only very modest growth so far.

Charles Juniper is a principal analyst in Ovum’s Global Financial Services Technology team. He specializes in the impact of new technology on the global insurance industry.

Have a read of his article around how the IoT disruption is impacting the insurance sector.

IoT disruption - Charles Juniper

Meet our Analyst

Analyst

Eden Zoller

Principal Analyst, Smart Living
eden-zoller

Eden specializes in

  • ServiceProvider

+ 24 years experience

Analyst

Mariana Zamoszczyk

Senior Analyst, Consumer Services
mariana-zamoszczyk

Mariana specializes in

  • ServiceProvider

+ 17 years experience

Analyst

Charles Juniper

Principal Analyst
Charles Juniper

Charles specializes in

  • IT

+ 10 years experience

Analyst

Michael Philpott

Senior Practice Leader, Consumer Services
michael-philpott

Michael specializes in

  • Smart Home
  • Connected Home
  • Broadband Access

+ 22 years experience

Analyst

Alexandra Rehak

Practice Head, Internet of Things
alexandra rehak

Alexandra specializes in

  • IoT
  • IoT Partnerships and Investment
  • Disruptive Digital Business Models
  • Service Provider Strategies

+ 22 years experience

 

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  • Service Provider Markets

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  • Consumer & Entertainment Services

    Telco loyalty programs are about more than improving churn

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    Loyalty programs have long been held as key to indirect monetization for the communications service provider. Upcoming research from Ovum has verified that notion – loyalty schemes improve Net Promoter Scores (NPS – a measure of brand perception) and can help improve churn. They can also lead to net additions growth and can even earn revenues for the operator.

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