The “augmented human” concept has become a reality. We carry health sensors on our wrist, and our Apple Watch is becoming our personal physician. These concepts are transforming the insurance industry.
Life is a risky business. Insurance is the business of extracting profit through the process of underwriting such risk. And it’s changing right before our eyes.
You already pay less for insurance if you are a safe driver. In the future, autonomous vehicles will extend these benefits even further with collision detection and accident prevention systems, minimizing risk.