What Value Can Wireless Sensor Network (WSN) Technology Offer The Building Insurance Industry?
Most insurance companies today face an uncertain future: Growing losses, exposed equities, and weakened reserves. Industry visionaries are seeking new solutions and technologies that will secure a competitive edge. WSN is at the forefront of these groundbreaking solutions, and those who adopt this emerging technology are building a solid foundation for future success. The ultimate value of WSN implementation is the data collected from sensors. Possession of real time data offers insurance companies significant advantages: Antiquated Claim Assessment Process Currently claim assessment may take anywhere from six months to five years. At least two professional engineers are required. These engineers must go out in the field and take measurements, collect data, and generate reports manually.
