A view on IoT and some consequences by Barry Rabkin, President Market Insight Group Ltd.
Almost every person who thinks and discusses the Internet of Things (IoT) does so in terms of its impact on manufacturers, retail, and logistics. And that’s all true. But for those of us in our little global trillion dollar pond of insurance, IoT has the promise and peril of reshaping the landscape of risk. That is due to the fact that the IoT will spread into everything we touch and see.