Chubb has decided to partner with Munich Re subsidiary Hartford Steam Boiler (HSB) Inspection and Insurance Company to commence installing Internet of Things (IoT) technology in the homes and businesses of its policyholders. Swiss insurance 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 Risk 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. The new system could be used by homeowners who want to know if their home has been compromised or if there are any problems at all.
Swiss insurance 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 Risk 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. The new system could be used by homeowners who want to know if their home has been compromised or if there are any problems at all.