Quantified self movement--the new mantra of life insurance companies
Becher, S.
Versicherungsmedizin 69(2): 70-72
2016
ISSN/ISBN: 0933-4548 PMID: 27483687 Document Number: 689629
Wearables are small personal minicomputers that register biometric data. In such a way, the insurance industry hopes to create new sales opportunities and products, and simplify underwriting. Lower premiums will promote the use of wearables. The related possibilities and unanswered questions are discussed in this article. Utilisation of big data offers the insurance industry a range of new opportunities. The benefit must be proven in the future, however.