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Introduction

Innovations in IoT and its application across insurance product lines have driven a new phase of service development among telematics service providers. This report assesses The Floow's IoT proposition for the insurance sector.

Highlights

  • The Floow has overcome many of the limitations of smartphones as a sensing device and provides predictive scoring on par with that of a dedicated telematics unit.

Features and Benefits

  • Provides a detailed assessment of the vendor's IoT-insurance proposition.
  • Assesses the vendor's strengths, weaknesses, opportunities, and threats

Key questions answered

  • Why should our organization consider this vendor as a potential TSP partner?
  • What are the vendor's strengths and challenges?

Table of contents

Summary

  • Catalyst
  • Ovum view
  • Key messages

Background

  • The Floow's telematics and IoT insurance proposition

SWOT analysis

  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

Appendix

  • Further reading
  • Author