InsurTech Magazine July 2022 | Page 14

TIMELINE

WEARABLES

IN

INSURANCE

With the advent of smartwatches and fitness trackers , insurance providers now have novel ways of incentivising positive health behaviours among their customers

1990s

The dawn
The foundation for the dawn of wearables is set by a team at MIT , led by Rosalind Picard , which develops a range of ‘ smart clothing ’. The various garments prototyped – including jewellery and underpants – are capable of continuously monitoring data from the wearer .
14 July 2022