Around the Net
John Hancock Makes Smartwatches Central To Life Insurance Business
- Reuters, Thursday, September 20, 2018 7:38 AM
In lieu of underwriting traditional life insurance, John Hancock has decided to starting selling “interactive” policies that track fitness and health data through wearable devices and smartphones, Reuters reports. “The move by the 156-year-old insurer … marks a major shift for the company, which unveiled its first interactive life insurance policy in 2015,” Reuters notes. “It is now applying the model across all of its life coverage.”
