Live Insurance News

Is Your Health Insurance Company Tracking Your Diet and Exercise Habits?

May 29, 2019May 28, 2019 Marc

Health Insurance Company - Woman Jogging

Vitality Health is using big data and the Internet of Things to learn more about customer lifestyles. A health insurance company is considering using similar tracking concepts to the auto coverage industry. Vitality Health believes that its policyholders will be willing to exchange their healthy lifestyle data for incentives. The idea is to reward those with healthier lifestyles with discounts, thereby encouraging healthier habits. The health insurance company is hoping to change the way people are viewing wellness. They are aiming to offer discounts to individuals who live healthier lifestyles.…

Health insurance members gain exclusive access to the Fitbit Inspire

February 14, 2019February 13, 2019 Nordstrom

Health Insurance members - Fitness Tracker

The popular fitness tracker maker has launched a new device that you won’t find in stores. Fitbit has unveiled a brand new model of fitness tracker available only to health insurance members and employees. The Fitbit Inspire was developed for this exclusive use and won’t be sold in stores or on its own website. The launch was a quiet one this month, representing its first release that won’t be available to consumers. The Fitness Inspire was developed specifically for use by health insurance members and corporate employees. The concept behind…

Wearable technology may change the nature of workers compensation claims

October 30, 2015October 28, 2015 Julie Campbell

New breakthroughs in wearables could potentially revolutionize the healthcare industry. Recent advancements in wearable technology are changing the nature of healthcare, especially when it comes to boosting the independence and overall wellbeing of patients who are suffering from serious injuries, which could have some interesting implications for workers compensation claims. The idea is that by using wearables, the insurance industry could greatly benefit in overall claims costs. The workers compensation industry could be able to save a considerable amount on its claims while it greatly improves the quality of life…

Insurance news is featuring wearable technology at an increasing rate

May 13, 2015May 13, 2015 Julie Campbell

smartwatches insurance news wearable technology

Many are predicting that wearables could provide the industry with some considerable shakeups. Although the term wearable technology was virtually unrecognized in the mainstream public only a year or two ago, it has now reached the point that it is making regular insurance news headlines because it looks as though it will become popular enough to give the industry quite a shakeup. There are many different kinds of wearables – from smartwatches to smartglasses – that are becoming commonplace. Not too long ago, these devices were seen as something that…

Smartwatches are the insurance technology of choice for the future of the industry

October 29, 2014October 28, 2014 Julie Campbell

mobile cloud insurance technology industry

A recent study has shown that business owners feel wearable technology will be the most practical for their needs. Insurance technology has always been a vital part of the industry, from modeling to risk assessment, communication, and a seemingly endless range of other purposes. A recent study conducted by Live Insurance News has shown that when it comes to the devices used by professionals such as agents, brokers, and agency owners, smartwatches are the clear choice for meeting future needs. That said, while smartwatches do appear to be the preference…