04
Nov

Future-proof your insurance business with an insurtech kit

The current direction of the insurance industry means that insurance companies need the Internet of Things to future-proof their business. You can integrate IoT-enabled services into your business by offering your property insurance customers an insurtech kit. This way, you will meet their current needs as well as future requirements.

Here’s how you can get a customized insurtech kit for your customers – while focusing on your core competencies.

The shortcut to an insurtech solution

The thought of building an insurtech solution from scratch might seem overwhelming. Luckily, it does not have to be complicated. In terms of product development, you can take a shortcut by opting for Develco Products’ white label product platform. This way, you will save extensive amounts of time and capital,

The market-ready, certified, and mature product platform is ideal for customized insurtech solutions for private homes as well as commercial buildings. With the fully developed, tested, and validated product platform, you will shorten the time to market of your insurtech solution tremendously.

Throughout the project, you will be provided with professional technical support from our experts in wireless technology. In addition, you will benefit from a high level of quality, competencies, and capacity throughout our development processes and supply chain. You will also gain access to software development tools that make it simple for you to build your software on top of our platform.

Get inspiration for your insurtech kit

Take a look at the range of devices ideal for insurtech solutions and get inspired on how to match your customers’ needs:

Squid.link gateway

As the heart of your insurtech solution, the mature and secure Squid.link gateways give you a great level of flexibility. They support multiple wireless protocols, meaning that you can integrate the Zigbee sensors and alarms offered by Develco Products as well as 3rd party devices into your insurtech solution. With the Squid.link gateways, all the collected data are kept safe.

Develco Products Smoke Alarm

Intelligent Smoke Alarm

The Intelligent Smoke Alarm ensures that fire is detected immediately and can be fought as soon as possible to minimize damages. When smoke is detected, the alarm emits a loud sound and sends a notification through the gateway. This means that the Intelligent Smoke Alarm will warn your customers about fire regardless of their whereabouts.

Develco Products Water Leak Detector

Water Leak Detector

Water leaks and damages make up major costs for insurance companies. With a Water Leak Detector installed in the buildings of your customers, water leaks can be detected and fixed instantly, reducing costly water damages and insurance payouts.

Motion Sensor Mini for home security

Motion Sensor

Along with the Entry Sensor, the compact Motion Sensor helps detect activity in the homes of your customers. As the sensor detects occupancy, your customers can get an instant notification if someone unwanted is wandering around their home. In addition to occupancy, the sensor also monitors light and temperature.

Magnetic Sensor for home security

Entry Sensor

With the Entry Sensors as part of your insurtech solution, your customers can monitor if someone opens a door or a window in their home. With notifications from the Entry Sensor, your customers can detect intruders early and react quickly.

Add-ons to your insurtech kit

Want inspiration for additional features to include in your insurtech system?

To scare off potential intruders, the Smart Plug Mini2 is helpful. By connecting their lamps to the smart plugs, your customers can turn on/off the lights remotely. This way, they can make it appear as if someone is at home while they are away.

The Vibration Sensor can be used to detect vibration in piping, allowing your customers to quickly identify blockages that could end up causing severe damage.

The Smart Humidity Sensor alerts your customers in case the indoor humidity fluctuates to undesirable levels. This way, the sensor helps prevent damage to houses and valuable household items caused by high levels of humidity.

Get an overview of all the products ideal for insurtech solutions here.

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