Healthcare Innovation August 25, 2021
Breeze’s report shows that Americans are open to insurance companies tracking their data if it means they qualify for a lower-cost policy
On Aug. 17, Breeze, an Omaha, Neb.-based disability insurance company, released a report by Mike Brown entitled “For cheaper insurance, Americans are surprisingly open to companies tracking Fitbits, grocery receipts, & much more.” Breeze is an insurtech company, which is defined by the company as “a term used to refer to technology designed to enhance the operations of insurance firms and the insurance industry as a whole. Insurance companies are leveraging technologies such as big data, artificial intelligence, consumer wearables, and smartphone apps to transform the way they do business.”
Brown states that “The insurance industry, catalyzed...