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
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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