Car & Bike IoT Insurace?


Do you think India is ready for IoT based insurance?

  • Yes

    Votes: 0 0.0%
  • No

    Votes: 0 0.0%
  • May in 5 years time

    Votes: 0 0.0%

  • Total voters
    0
  • Poll closed .

Dinesh Mittal

New Member
Recruit
Aug 8, 2017
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Hey guys, I've heard a bit of a new age vehicle insurance company called Acko that is looking to develop solutions to deliver Insuretech by integrating IoT for telematic systems, helping insurers to accurately map the location and speed of a specific vehicle, offering constant real-time data.

Apparently they will use this analysis to devise driving patterns for better segmentation of customers into risk groups and device custom policy for them.

Too soon for the Indian environment?
 
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6pack

Well-Known Member
ex-Mod
Sep 19, 2005
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they could manipulate that data to deny most claims too.