Edge Intelligence and Insurance Underwriting
Leveraging data from smart devices
Today, forward-looking insurers are exploring the implications of Edge Intelligence and newer data elements for insurance underwriting models. By integrating sensors, gateways and analytics to deliver continual and automated data collection and real-time analysis, Edge Intelligence solutions provide a new level of critical insight. In response, businesses are redefining their approach to designing strategy and managing operations. While specific applications vary, a common thread is the ability to improve prediction. By enabling early detection, rapid response, forecasting and proactive action, Edge Intelligence can help anticipate outcomes and minimize negative consequences to property as well as risk to human health and safety.