Damco Insurance Industry Offerings

IoT Services for Insurance

New technologies are redefining the insurance industry and creating new opportunities across P&C, Life, Health, Auto and Re-insurance markets. Internet of things (IoT) for Insurance companies are being used to streamline field operations, predictively calculate risk, improve customer engagement, keep pace with compliance, and boost competitive advantage.

Being an expert in IoT Insurance Industry, Damco helps you get started with IoT-enabled technologies and leverage data to make powerful data-driven decisions to better service existing customers, attract new business, and reduce insurance claims costs.

Harness the Power of Internet of Things(IoT) in Insurance Industry

As one of the leading providers of IoT solutions, Damco enables insurance businesses to simplify and accelerate Insurance IoT adoption. From Health Insurance IoT to IoT car insurance, we customize a value proposition for your company by applying a focused approach to streamline the complex IoT ecosystem, with a solution tailored to your insurance automation requirements.

internet of things insurance industry Risk Management

IoT enabled technologies allows more precise risk management, where insurers can use collected information to prevent fraud claims.

iot insurance industry Improved Profitability

IOT helps insurers cut costs. Automation can cut the cost of the claims process and IOT-connected devices have helped some insurance companies lower their premiums.

health insurance iot Customizations

Connected devices like biometric and environmental sensors allows insurers to know their customers on a deeper level with more accurate personal information. Create powerful bonds, calculate risks and customize policies as situations change.

iot for insurance companies Effective Business Processes

Improve all the features of your business processes (underwriting, claims, policy services, reinsurance, and customer services) by using modern data analytics captured using connected IoT solutions.

iot car insurance

iot use cases in insurance

Blogs & Insights

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Top 6 Challenges in Property
& Casualty Insurance

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Supporting Caribbean
Insurers in the Wake of
Hurricane Irma

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Damco Sponsors 38th
Annual Caribbean Insurance
Conference

Our Clients

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summit insurance
carribean insurance brokers limited
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Our Differentiators

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Dedicated Practice to deliver services and solutions for Insurance businesses.

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1100+ person years of experience in delivering Insurance technology services.

insurance software solutions

100+ Insurance projects delivered globally, 60+ Insurance Customers.

insurance management software

30+ installations of InsureEdge – a complete technology platform.

insurance agency management software

Strong experience in multiple lines of business covering Life, Health & General Insurance.

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Strong Technology Expertise on Microsoft, Open Source, Oracle, Salesforce, IBM, Cloud & Mobility.

insurance software

Capabilities in cutting-edge technologies – IoT, AI, Machine Learning.

insurance software companies

Global Presence with resource availability in USA, UK, Luxembourg, Australia & Caribbean islands.

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