Smart Home InsureTech Lends Support to Global Insurance Think-Tank
London, 28th August 2019 – Neos , the UK’s first smart home insurance provider, has joined the IoT Insurance Observatory to help drive transformation within the insurance industry. The IoT Insurance Observatory aims to connect people and ideas to champion innovation culture within the insurance market.
Data provided by the Internet of Things (IoT) represents an extraordinary opportunity for insurance providers, and the IoT Observatory is the first insurance organisation that specialises in insurance focused IoT. The global insurance think-tank brings together executives from more than 60 organisations, to discuss the greatest innovations and challenges within the insurance industry.
“We’re really excited to join the IoT Insurance Observatory community alongside some prestigious players in the insurance industry,'' commented Matt Poll, CEO and Founder of Neos. “ Smart home technology is one of the biggest opportunities when it comes to leveraging IoT data within insurance, and we want to make sure Neos is at the forefront of that discussion.”
“The Observatory together with American Family has just published a whitepaper which rationalises the opportunity of smart home insurance for the insurance sector and customers,” commented Observatory Founder and Director Matteo Carbone. “I’m honored to have Neos onboard at the Observatory and I’m sure they will be a terrific contributor with their vast experience and understanding of the current challenges and future scenarios when it comes to connected insurance.”
Neos will be participating in the IoT Insurance Observatory's first conferences, taking place in Milan on September 17th and in Las Vegas on September 23rd. The European Observatory has aggregated almost30 members, including insurers, reinsurers and tech players, and The North American Observatory has over 25 members, including 5 of the top 15 P&C US insurance groups.
About Neos
Neos is the UK’s first smart home insurance provider that presents a new way for policyholders to insure and actively look after their home from their smartphone. Neos combines smart home technology, comprehensive home insurance, 24/7 monitoring and assistance, directly through the easy to use app.
Gaining recognition on a global stage, Neos was ranked sixth in the Top 100 Global Insurtech list in 2018, the highest-ranking UK insurtech firm, and was also ranked eleventh in the world’s 100 most disruptive brands in 2017. Since then Neos has been sweeping up awards, taking first place for Best Insurer in IoT, Internet of Things Breakthrough, the Insurance Times ‘Insurer Innovation of the Year’, and the ’Start-up of the Year’ Award.
Neos is authorised and regulated by the Financial Conduct Authority (FCA). In 2018 Aviva Ventures took a majority share in Neos allowing them to expand into retail markets. The Launch of the Neos e-shop represents another step towards making preventative smart technology widely accessible. https://neos.co.uk/
About the IoT Insurance Observatory
The IoT Insurance Observatory is a global insurance think-tank developed by Matteo Carbone and Digital Tech. https://iotinsobs.com/