Designing Dynamic Insurance Policies using IoT (DDIP-IoT)
(Supported by Lloyd’s Register Foundation)
Team: Michael Huth (Imperial College London), Razvan Nicolescu (Imperial College London)
This project will explore how ‘real-time’ adjustable insurance policies can be designed and managed using IoT technology. Typical examples include bike/car renting, car sharing, and courier services where there is varying level of risk. The project will look into mechanisms and models insurers would need in order to implement ‘real-time’ adjustable insurance policies.
Target Outcomes: TBC