Munich Re, Aviva Ventures Invest in UK Connected Home InsurTech Neos

Neos, a UK connected home insurer, announced last week that it has secured a £5 million (roughly $6.4 million) series A investment led by Aviva Ventures together with strategic partner Munich Re. The strategic investment accelerates Neos’s growth as the UK’s first company to offer a home insurance product that uses smart home technology to proactively protect homes from fire, water damage and theft, the company said in the announcement.