HIT Consultant January 28, 2020
Wearables Could Transform Insurance from Reactive to Proactive
Insurance policies have existed for thousands of years and were initially invented to protect goods being shipped long distances. Today, the options available to us have expanded tremendously, and it’s even possible for soccer players like David Beckam to insure their legs.
Despite this, the business of insurance and how it’s managed hasn’t evolved as rapidly. And this is understandable, as it’s a highly regulated industry, so reliability and dependability are hugely important.
Consumers today demand customized and real-time service with everything, from food and entertainment to clothing. Cookie-cutter health or life insurance feels incredibly outdated when compared to so many other made-to-order services available today.
Reacting, Not Preventing
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