Insurance is a fabulous business case where transformation from static to recurring service revenues are revolutionizing the industry. For instance, by letting the customer pay 10 Cent a month you safeguard their assets and reduce cost of fraud and claims. Modern IoT is here, Safe4 got the sensors and analytics to help you both in the Home and out in the Field.
Then we assess, analyze and suggest solutions such as intruder detection, fire and smoke alarms, door access management, temperature alert in your freezer, basement measure of radon and water leakage. Other important preventive measures are data collection and analytics finding correlations predicting accidents before they have even happened or are developing.
In the case of fire or leakage, homeowners will be alerted through our high security approved ARC – Alarm Receiving Centre (or a Response Centre of your choice) which is the key for handling alerts and emergencies through manned security, janitor services, home care, plumbers or glazing services when incidents occur in the home or holiday apartment.
Further, we offer collection of data and analytics presented in the insurance companies desired formats, handled in complete compliance with GDPR and other Governance.
The stored data from the household and the security system can be fed to advanced algorithms being made vital in individual pricing of insurance products. The hub of such processes is handled by our sophisticated IoT platform Iotiliti and Analytics tool, where insurance companies can benefit from the complete do-it-yourself Smart Home ecosystem.