Relayr, a Boston-based tech firm has partnered with Munich Re, a subsidiary of Hartford Steam Boiler Inspection and Insurance, 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, Hartford Steam Boiler Inspection and Insurance is leading a $23m financing round for Relayr.
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.