5 Insurance Impacts of the Internet of Things

Smart devices are poised to alter policyholders' lives — and the way they are insured.
February 01, 2013

5. Workout equipment

Do your health insurance customers respond well to discounts and incentives around healthier lifestyle choices? Well, don't make them bring a form to the gym every day to prove they work out. Technologies like FitBit and Fitocracy allow people to prove that they're exercising, losing weight, and sleeping better, if they so choose to turn over that data to their insurer.

[Go, Go, Gadget: Top Emerging Technology Tools for Insurers]

[The Top 10 Mobile Apps on Wall Street]

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By U.S. Navy photo by Seaman Eboni C. Cameron [Public domain], via Wikimedia Commons

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