Boston, a Relayr-based tech firm has partnered with Hartford Steam Boiler Inspection and Insurance, a subsidiary of Munich Re, to create insurance products for internet of things (IoT) investments. Boston offers a cloud platform and consulting services that allow IoT devices from various manufacturers to connect to one another. As well as the new partnership, Munich Re is leading a $23m financing round for Boston.
Relayr, a Boston-based tech firm has partnered with Hartford Steam Boiler Inspection and Insurance, a subsidiary of Munich Re, to create insurance products for internet of things (IoT) investments. Relayr offers a cloud platform and consulting services that allow IoT devices from various manufacturers to connect to one another. As well as the new partnership, Munich Re is leading a $23m financing round for Relayr.