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Bellway PLC (OTC:BMWYY), Tesla Motors, Inc. (NASDAQ:TSLA) - 5 InsurTech Trends To Follow In 2021

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The insurance industry isn t exactly synonymous with “cutting edge,” but that’s changing thanks to modern technology. Insurtech is completely upending the way the insurance companies operate and how consumers access coverage.
Experts have several predictions for what 2021 holds in terms of developments in insurtech. Here’s a closer look at how the insurance landscape has in store this year.
What Is Insurtech?
Similar to financial technology companies that pioneered fintech, “insurtech” is a concept that combines “insurance” and “technology.” It’s a broad term that refers to innovations in technology and software that are meant to disrupt and improve the insurance world. Ultimately, the goal behind insurtech is to make insurance more cost-effective and efficient. ....

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Parks Associates: Average Number of Networked Cameras Among Device Owners Increases to 3.4 from 1.9 in 2018

Parks Associates: Average Number of Networked Cameras Among Device Owners Increases to 3.4 from 1.9 in 2018
Miércoles, 06 Enero 2021 23:15
ADT, Alarm.com, Yonomi, Nice, Notion, Brinks Home Security, and SimpliSafe to share insights on smart home and home security at CONNECTIONS™ Summit at CES
DALLAS, Jan. 6, 2021 /PRNewswire/
Parks Associates new
Smart Product Market Assessment research finds US broadband households with networked cameras now own on average 3.4 of these devices, a rapid increase from less than two devices in early 2018. Additionally, over one-third of those who bought a smart video doorbell in the past 12 months are first-time buyers. The firm will host the 15th annual CONNECTIONS™ Summit: Smart Home Growth Strategies virtually on January 14, in cooperation with CES® 2021, featuring executives from ADT, Alarm.com, Brinks Home Security, Nice, Notion, SimpliSafe, and Yonomi. ....

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Parks Associates: Average Number of Networked Cameras Among Device Owners Increases to 3.4 from 1.9 in 2018

Connections
Households with smart home devices continue to purchase additional devices, driving growth as they embrace DIY options and seek to protect multiple access points and locations in their home, said Elizabeth Parks, President, Parks Associates. Companies can maximize their approach in this market by attracting new buyers while also developing and marketing features and use cases that address multidevice ownership.
CONNECTIONS™ Summit, sponsored by Alarm.com, AmTrust Financial Services, and Airties, features sessions on smart home technology and services, connected health, data privacy, value-added services, and home security. Parks Associates analysts and industry executives will explore the impact as work, school, and entertainment use cases increase demand on smart home functionality and capabilities. Speakers will also discuss new consumer behaviors in DIY and new opportunities emerging as households adopt and integrate multiple connected devices. ....

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Parks Associates: 33% of Smart Home Device Owners Report Increased Usage During The COVID-19 Pandemic

Home Services: Maximizing Value of Connectivity
Home Security Growth: DIY and Pro Channels
Consumer-centric Healthcare: Independent Living and Smart Home
Privacy and Security: Protecting Consumer Interests
Value-added Services: Supporting the Home Network
Parks Associates surveys 10,000 broadband households each quarter, providing a rich data set with trending for at least five years. The firm will feature its market insights and consumer data during the webinars and virtual conferences throughout 2021.
Parks Associates is currently accepting speaker submissions for CONNECTIONS™ Summit 2021. For more information, visit www.connectionssummit.com. To speak with an analyst or to request research, contact Rosey Ulpino at [email protected], 972.996.0233. ....

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