Hartford Steam Boiler president and CEO Greg Barats said: “We look forward to offering Chubb’s clients our proactive approach and proven solutions that use IoT sensors and monitoring to help prevent damage and property loss.” Swiss security firm Chubb is partnering with Hartford Steam Boiler ( HSB ) , a subsidiary of Munich Re , to deploy internet of things ( IoT ) technology in the homes of Chubb Private Security Services clients . HSB will collaborate with European company GROHE to install IoT sensors that monitor and send alerts for water leaks , as well as changes in temperature , humidity , vibration and water pressure . Chubb said the initiative is part of a move towards a " predict and prevent " approach , rather than one of " repair and replace " .
Swiss security firm Chubb is partnering with Hartford Steam Boiler ( HSB ) , a subsidiary of Munich Re , to deploy internet of things ( IoT ) technology in the homes of Chubb Private Security Services clients . HSB will collaborate with European company GROHE to install IoT sensors that monitor and send alerts for water leaks , as well as changes in temperature , humidity , vibration and water pressure . Chubb said the initiative is part of a move towards a " predict and prevent " approach , rather than one of " repair and replace " .