connected homes News

Smart Home Product Security Risks Can Be Alarming

Say you’re on your laptop at Starbucks, minding your own business, when an acquaintance of yours across the room isn’t minding his. Unbeknownst to you, he’s using the same store Wi-Fi as you to conduct a virtual invasion of your …

How Big Tech Flirted with Insurance in 2018

The almost weekly headlines about insurers and venture capitalists investing in insurtechs and tech-savvy insurance startups sometimes blocked the view of what established big technology firms were doing in insurance. During 2018, giant technology firms Google and Amazon showed renewed …

Travelers Teams with Amazon to Offer Smart Home Products, Insurance Quotes

The Travelers Companies Inc. is teaming up with Amazon to offer smart home kits, insurance quotes and risk management information through a digital storefront: Amazon.com/Travelers. Customers will be able to obtain smart home kits at discounted prices in participating states. …

Home Security Camera’s Face Recognition Even Knows Family Dog

A team of engineers that worked on self-driving cars and helped invent Google Street View wants to help people guard their homes against intruders using the same style of facial recognition that unlocks smart phones. Lighthouse AI, their startup, on …

Munich Re, Aviva Ventures Invest in UK Connected Home Insurer Neos

Neos, a UK connected home insurer, announced last week it has secured a ¬£5 million (roughly $6.4 million) series A investment led by Aviva Ventures together with strategic partner Munich Re. The strategic investment accelerates Neos’ growth as the UK’s …

How ‘Exposure Data Tracking’ Is Taking Over Personal Lines Insurance

Today’s insurers want to be there for their customers‚ÄĒliterally. With sensors of various kinds in policyholders’ cars, homes and personal devices, “exposure data tracking” is rapidly becoming a competitive imperative in personal lines underwriting and rating. That was the message …

Connected Homes Heighten Need for Personal Cyber Insurance

Eight out of ten U.S. consumers have a home data network and more than a third of them connect entertainment systems, gaming consoles and other smart devices to the Internet. The same survey suggests that all of this connectedness is …

U.S. Claims Home-Networking Firm D-Link Poses Hacking Risk

A U.S. consumer protection watchdog sued a Taiwan-based maker of home-networking equipment over claims that lax security left its products vulnerable to hackers. The Federal Trade Commission alleged that D-Link Corp. and a U.S. unit failed to secure their routers …