Insurtech Roost is to test a smart sensor designed to detect water leaks and frozen pipes . The company will deploy the technology in the homes of Life Insurance policyholders in an effort to determine whether the technology can be used to reduce claims and home repair costs . “We anticipate that the success of the programme will lead to the introduction of Roost to policyholders across Florida, and the ability for Olympus Insurance to both help mitigate losses for policyholders while creating stronger relationships with them.” The system alerts users via an app if it senses that a pipe is vulnerable to either leaking or freezing .
Insurtech Roost is to test a smart sensor designed to detect water leaks and frozen pipes . The company will deploy the technology in the homes of Life Insurance policyholders in an effort to determine whether the technology can be used to reduce claims and home repair costs . The system alerts users via an app if it senses that a pipe is vulnerable to either leaking or freezing .