Insurance and Smart Home

  Рет қаралды 45

ParksAssociates

ParksAssociates

2 жыл бұрын

The size of the insurance opportunity for smart home devices is substantial. 70 million US households have home insurance and almost 16 million have renters insurance. Smart home tech can potentially drive billions of dollars in savings for insurers and consumers. Smart home providers have pursued the property insurance channel in recent years, though adoption has been slow. While the size of the opportunity is enormous, so is the scale of investment required to bring smart solutions to market, and business models remain unproven. This session highlights examples of smart home solution providers working with home insurers to moderate risk and the challenges that must be addressed to leverage the full potential of this channel to the smarter home.

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