The mass of real-time data that IoT can provide us with will give everyone involved in the management and transfer of risk a better handle on the exposures. The mass of real-time data that IoT can provide us with will give everyone involved in the management and transfer of risk a better handle on the exposures. (Photo: Shutterstock)

The Internet of Things (IoT) is transforming the way we live and work. It also can change the way risk is managed and underwritten.

Last year, the number of connected "things" surpassed the number of human beings on the planet. Many of us live in homes with smart devices that monitor our energy consumption or operate our lighting or wear devices that track our health.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Agency Management
Agency Technology
Commercial Lines
Coverage & Policy Issues
E&S/Specialty Lines
Personal Lines
Claims Technology
Commercial Lines
E&S/Specialty
Personal Lines
Cybersecurity
Emerging Risk
Loss Control
Technology Implementation
Technology Solutions