smart home technologies News

Insurers Making Waves with Wider Use of IoT Leak, Temp Sensors

Wouldn’t it be nice, if, instead of relying on adjusters and restoration companies to surmise how much damage was actually caused by a water leak, an insurer could stop the leak almost before it starts. That’s now the reality for …

Smart Home Insurance Specialist, Hiro, Partners with MGA Incubator Pro MGA Solutions

Independent global managing general agency incubator platform Pro MGA Solutions (Pro.MS) announced it has partnered with smart home insurance specialist Hiro. London-based Hiro has developed a home insurance product that aims to proactively mitigate the risk of customers suffering loss …

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 …

Why Insurers Must Pick Up Their Technology Pace

The insurance industry is on the horns of a dilemma: how to use new technologies to improve their operations and how to insure the risks these new technologies present to their customers. The pace of technology is changing at faster …