Start Date: 8/27/2019 2:00 PM EDT
End Date: 8/27/2019 3:00 PM EDT
AL United States
Event Website: www.imua.org
How telematics and IoT technology can intelligently inform underwriting and risk transfer strategies for inland marine exposures
This session will focus on the Internet of Things (IoT) and the use of technology and data to enable more informed decisions by brokers, underwriters and loss control.
Data can provide valuable intel feedback on transportation and cargo accounts.
- Fast evolving telematics technology can provide greater insights and real-time conditions supported by data platforms and sharing capabilities.
- Hardware is getting faster, smarter and more useful for internal safety/maintenance and external logistics/analytics for 3rd parties.
- Telematics moving beyond a "total cost of ownership" (TCO) tool for internal use by fleets to "musy have" equipment for doing business in the transportation sector.
- No longer an "ROI" question, rather, how broadly the data can be re-purposed to the benefit of the fleet and to external business partners and constituents.