Smart technology is changing the game for insurance
Damages to your customers' homes and belongings are not just costly to you as an insurer. They are also devastating to your customers. That is why more and more people are seeking risk-preventing solutions with smart technology that can help them gain control of risks and protect their homes.
Damages and loss caused by water leaks make up more than 25 % of all home insurance claims.
There are more than 270,000 home fires every year in the EU, with close to half starting in the kitchen.
Home burglaries occur every 90 seconds across Europe.
The new proactive role of insurers
Helping policyholders prevent damages is the future of insurance and innovative insurers are already taking advantage of intelligent sensor technology integrated into digital solutions that can alert homeowners of potential damages before they turn into expensive insurance claims.
Up to 50% of insurance claims are avoidable, making the case for prevention undeniable and the potential of smart technology in insurance enormous.
The shortcut to a complete end-to-end smart insurance solution
Today's insurance customers want more from their insurers than just damage reimbursement – they want a proactive solution provider helping them prevent damages.
Give your customers control and peace of mind with a proactive home protection solution that can include:
- Smart sensors and alarms that alerts users of potential issues wherever they are
- Customizable user app for alerts and overview
- Connection to local alarm receiving central
- Integrated in-app claims process for a seamless customer experience
Book a meeting with our insurtech expert and learn how we can help you succeed with a smart insurance solution.
Benefits of a smart insurance solution
Increase customer loyalty and prevent churn
Become an proactive solution provider in your customers' lives and drive customer satisfaction, engagement, and retention.
Stand out from your competition
Consumers find it difficult to distinguish between insurers and their offerings. Stand out by offering unique risk-preventing value.
Make your services more attractive
Help you customers protect their homes with a digital solution that lets them stay in control and have peace of mind – wherever they are.
Lower your insurance payouts
Enable your customers to detect risk early on to help prevent costly damages and reduce your insurance payouts.
Offer proactive house protection with smart devices, customized app, and connected alarm central
The top insurance services desired by customers include getting digital alerts of damages, unusual activity, and threats to their home.
By partnering with us for your smart insurance solution, you can provide your customers with these home protection services in a full end-to-end solution tailored to your needs.
Our technology platform lets you offer state-of-the-art digital services with field-tested hardware, a customizable app, and a world-leading platform for further expansion of your digital offerings.
Minimize damages and costly insurance payouts with smart detection of water, fire, burglary, and more
Fire and water damages are the two most cost-driving damages for non-life insurance companies.
By offering your customers intelligent fire and water leak detection services with their insurance, you can reduce your most costly insurance payouts while your customers prevent damages to their homes – a true win-win.
Our flexible platform lets you add a wide variety of additional risk-preventing smart devices such as burglary detection, humidity level control, and much more.
Add the services you need and expand your solution step-by-step
– minimizing operational risk and maximizing value
Start out with a trusted DIY home protection package
Extend your offering with an integrated alarm central
Extend your offering with an integrated claims process
... and integrate 3rd party damage services
Guide: Why smart technology is the future of insurance and how to capitalize on it
Insurance customers are increasingly requesting tools to help them prevent damages to their homes and belongings.
And the same time, they want better digital experiences from their insurers.
Insurance solutions based on smart technology can fill in these gaps and in the right setup provide large benefits for both insurers and their customers.
This guide helps you navigate the possibilities of smart technology in insurance offerings, understand what today's insurance customers are looking for, and how to best integrate smart technology into your insurance business.
Case:
If and Viking Guard: Providing the Nordic's leading non-life insurer with a market-ready, customized fire and water alarm system
The insurance company If wanted to offer their customers fire and water alarm packages that could reduce insurance payouts and create value add to retain customers and attract new.
Your trusted partner in smart insurance
World-leading IoT platform
Take advantage of our best-of-breed product platform, and benefit from the 100+ man-years we have spent on software development.
Short time to market
Get your solution on the market fast with a white label solution – no need to spend years on development, testing, and certification.
Low risk with mature, tested technology
Minimize risk with mature technology, tested and validated in large volumes (+3.500.000) to ensure a reliable and secure solution.
Easy and quick scalability
Quickly and easily scale your solution from tens to millions with a mature IoT platform, cloud, and software.
60 years of experience with IoT technology
We have helped many businesses leverage the benefits of IoT and innovate in a range of industries.
Dedicated partnership and expert support
Get a dedicated solution partner all the way so you can focus on your core competencies.
News
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