Canada Innovations in Insurance Market Report
Everything you need to make the right decisions
Providing the most comprehensive and up-to-date information and analysis of the Innovations in Insurance market, and the behaviours, preferences and habits of the consumer.
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What are the key challenges facing the industry? Who is the consumer and what do they want? Where are the opportunities, where are the risks and what lies ahead?
Covered in this report
For the purposes of this report, “homeowners insurance” includes detached homes and condo insurance and “renters insurance” includes all renters/tenant insurance.
- Driving tracking devices transfer data on users’ driving habits back to the insurance company. They can be either a small hard-wired device installed in a car, a smartphone app or a combination of both.
- IoT (Internet of Things) refers to the concept of extending internet connectivity beyond conventional computing platforms such as personal computers and mobile devices, and into any range of traditionally “dumb” or non-internet-enabled physical devices and everyday objects.
- Smart thermostats are thermostats that can be used with home automation and are responsible for controlling a home’s heating and/or air conditioning. They allow users to adjust heating settings from other internet-connected devices, such as a laptop or smartphone. This allows users to control the thermostat remotely.
Expert analysis from a specialist in the field
Written by Sanjay Sharma, a leading analyst in the Financial Services sector, his extensive knowledge delivers in-depth commentary and analysis to highlight current trends and add expert context to the numbers.
Insurance app usage is low, particularly among older consumers, underscoring the need for insurers to incentivize engagement
Senior Financial Services Analyst
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This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
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* This is a sample representation of the report layout and does not reflect the research included in this report.
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