More broadly, new technologies will challenge re/insurers to develop novel approaches to understanding and evaluating risk. The proliferation of new data will require insurers to adjust their systems and processes to leverage the potential insights they offer. For both unstructured data (such as video footage of construction sites) and structured data (like sensor tracking of machine or building’s performance), insurers must eventually develop new ways to locate, organize, extract and analyse data.

https://www.propertycasualty360.com/2018/08/24/engineering-insurance-set-for-a-futuristic-upgrade/?slreturn=20180728055000