Tech is changing the game for insurance

When damage strikes a home, the impact has two sides. For insurers it means costly claims. For policyholders it means stress, damages and loss. No insurance payout can truly restore a family's most cherished and irreplaceable belongings. 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 (close to half starting in the kitchen).
• Home burglaries occur every 90 seconds across Europe.

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Up to 50% of insurance claims could be avoided

‍That’s why smart technology is becoming a game-changer, helping homeowners prevent damage before it happens. By shifting from reactive to proactive, insurers can offer real value through prevention. The potential is not only big, it’s transformative.

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.

Discover how we partnered with If, one of the Nordic region’s leading insurance companies, to drive innovation and deliver smarter solutions.

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A proactive home protection solution 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

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‍Get started with your insurtech solution

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