The first example of technological innovation was born to stem the growing danger of external attacks on organizations' IT systems. Cyber insurance is a relatively recent market that, according to IndustryARC 's 2022-2027 forecast , is set to reach nearly 22.5 billion dollars by 2026, with an annual growth rate of over 25%. Protection of the confidentiality, integrity, availability and authenticity of information : today, corporate IT security strategies are designed not only to protect local data but above all to control the data flows that travel between wireless devices and cloud servers.
Internet of Things
The IoT insurance market is also expected to experience sustained growth slovenia whatsapp resource globally: the overall value will exceed $3 million by 2026. By using sensors and digital technologies and collecting inputs from devices connected to the Internet, insurance companies can already monitor and improve their understanding of the status of risk situations , transforming raw data into usable and actionable information. IoT technologies applied to the insurance field allow for a more accurate assessment of the risk profile associated with the individual portfolio and ultimately improve the company's overall productivity and profitability. Furthermore, thanks to the automation enabled by the Internet of Things, insurers can multiply the possibilities of connecting with customers by adding important points of contact in particularly delicate phases such as acquisitions and claims management.
Ebook - The Revolution of the Insurance Industry