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Internet of Things (IoT) in Insurance

Internet of Things (IoT) describes the use of connected sensors and actuators to control and monitor the environment, the things that move within it, and the people that act within it. Use cases include the automated home, the connected car, wearable technology, smart cities and many more. GlobalData forecasts the global IoT market to reach $1.1 trillion in revenue by 2024. While pervasive IoT is still some years away, Life Insurance International is keeping a close eye on the use of IoT in insurance and its evolution.

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Internet of Things (IoT) Deals Activity in the Insurance Sector

Life Insurance International’s Internet of Things (IoT) deal tracker in the insurance sector monitors deals involving IoT or similar technologies over the past nine quarters.

loT Deals in the Insurance Sector: Q2 2019 – Q2 2021

9 Venture Financing

Total Value US$m: 89.6
YOY Change: -86.0%

6 Partnership

Total Value US$m: NA
YOY Change: -

5 Acquisition

Total Value US$m: NA
YOY Change: -

4 Merger

Total Value US$m: 6,248
YOY Change: -

1 Asset Transaction

Total Value US$m: NA
YOY Change: -

1 Debt Offering

Total Value US$m: 350
YOY Change: -

Internet of Things (IoT) Driven Innovation in the Insurance Sector

To best track the emergence and use of Internet of Things (IoT) in insurance, Life Insurance International tracks patents filings and grants as well as companies that hold most patents in the field of IoT.

Number of patents in Internet of Things (IoT) in the Insurance Sector: 2001 - 2021

Internet of Things (IoT) patents tracker in the insurance sector monitors the patents filings and grants over the past two decades.

Top holders of patents in Internet of Things (IoT) in the Insurance Sector: 2001 - 2021

Life Insurance International patent ownership data monitors the companies that hold most Internet of Things (IoT) patents in the sector.

Number of Internet of Things (IoT) Mentions in Filings in the Insurance Sector: 2016-2021

Life Insurance International tracks thousands of companies and their annual and quarterly filings. Our analysis tracks the mention of Internet of Things (IoT) in those filings over the past five years.

Internet of Things (IoT) Versus Top 5 Themes in Insurance

Life Insurance International compares Internet of Things (IoT) mentions in filings versus mentions of other technology themes in filings data over the past five years.

Top 10 Companies with Internet of Things (IoT) Mentions in Filings

Life Insurance International tracks which insurance companies mention Internet of Things (IoT) in filings most over the past five years.

Internet of Things (IoT) Jobs Insights in the Insurance Sector

Life Insurance International monitors live insurance company jobs postings mentioning Internet of Things (IoT) or those requiring similar technology skills.

Internet of Things Job Trends in the Insurance Sector

Jobs postings by insurance companies mentioning Internet of Things (IoT) over the recent past. IoT jobs tracker in the insurance sector looks at jobs posted, closed and active in the sector.

Most Active Insurance Companies with Internet of Things (IoT) Jobs

Life Insurance International’s insurance jobs tracker lists insurance companies with most Internet of Things (IoT) jobs posted in the recent past.

Internet of Things (IoT) Influencer Activity in the Insurance Sector

Life Insurance International tracks the mentions of Internet of Things (IoT) by pre-identified insurance sector influencer on Twitter. The graph indicates the volume of tweets and influencers mentioning IoT through recent months.

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