Floods pose significant risks to communities worldwide, causing extensive property damage and endangering lives. Recent advancements in technology have introduced innovative solutions to mitigate flood-related risks, and one technology that stands out is the Internet of Things (IoT).
Tag: Internet of Things
The Hartford Expands Internet of Things Capabilities
The Hartford is expanding its Internet of Things (IoT) Innovation Lab and capabilities, bringing together the latest network-connected technology with the company’s expertise, data and risk management to improve workplace safety and help prevent or reduce property damage for its customers. “Connected devices represent an opportunity for insurers to help their customers proactively prevent claims… Continue reading The Hartford Expands Internet of Things Capabilities
Munich Re Acquires Tech Company Relayr
Munich Re is taking a further key step to create new business models in the industrial Internet of Things (IoT). The Group will acquire the software company relayr via its subsidiary, Hartford Steam Boiler (HSB), and will therefore play an active role in shaping business opportunities in this rapidly expanding sector. From an initial consultation… Continue reading Munich Re Acquires Tech Company Relayr