IoT Timeline in Morocco and Insurance Sector
The
use of IoT technology in Morocco is still in its early stages, but there have
been some notable developments in recent years:
2017:
The Moroccan government launched a national plan to develop IoT technology and
promote its use in various sectors, including agriculture, industry, and smart
cities.
2018:
The Moroccan startup scene began to embrace IoT, with companies such as
DataCare and Nectarin developing IoT-based solutions for healthcare and
agriculture, respectively.
2019:
In partnership with the French company Sigfox, the Moroccan telecom operator
Inwi launched an IoT network covering more than 80% of the population, making
it one of the largest IoT networks in Africa.
2020:
The Moroccan government continued to invest in IoT technology, launching
initiatives such as the "Smart Agri" program, which aims to use IoT
to improve agricultural productivity and sustainability.
Overall,
while IoT adoption in Morocco is still relatively low compared to some other
countries, the government's commitment to promoting IoT and the emergence of a
startup ecosystem focused on IoT are positive signs for the future. As IoT
devices become more widely available and the benefits of IoT-based solutions
become clearer, it is likely that we will see more adoption of IoT across
various sectors in Morocco in the coming years.
IoT |
The
adoption of IoT technology in the insurance industry in Morocco is still in its
early stages, but there have been some notable developments in recent years:
2018:
The Moroccan insurance company Saham launched an IoT-based car insurance
product called "Saham Safe Drive." The product uses telematics to
track driving behavior and reward safe drivers with lower premiums.
2019:
In partnership with the Moroccan startup DataCare, AXA Assurance launched an
IoT-based health insurance product called "AXA Health Challenge." The
product uses wearable devices to monitor policyholders' health and reward
healthy behavior with lower premiums.
2020:
The Moroccan insurtech startup Nexthope Technologies launched an IoT-based crop
insurance product that uses weather sensors and satellite data to provide
farmers with real-time risk assessments and support for decision-making.
Overall,
while the adoption of IoT technology in the insurance industry in Morocco is
still relatively low, there are signs that some companies are beginning to
explore the potential of this technology. As IoT devices become more widely
available and the benefits of IoT-based insurance products become clearer, it
is likely that we will see more adoption of IoT in the industry in the coming
years.
Author
Maryam Saeed Dogar
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