[supahfly_remix]

Thank you for the explanation. Never thought of insurance companies having an interest in IoT.

[jon-wood]

I work at Neos, where we’re using IoT in the context of home insurance. Almost all our investors are insurance companies (including Munich Re who underwrite our policies).

Insurance is all over IoT, and indeed anything else with the chance of reducing risk - it’s what they do.

[supahfly_remix]

Wow, good to know. I know.Progressive insurance used to have a.dongle to monitor driver behavior for a discount. It predated.the term Not and used.the 2g network.

[baybal2]

Nobody else thought either, but now thanks to their superhuman salesmanship, now they do :)

I bet, they managed to make them believe that they somehow can pull out accident rates from the data.