InConnect provides a data-driven platform that connects smart home sensor data with insurance, offering safety scans, value-added services, and dynamic insurance policies. By leveraging IoT devices, InConnect aims to mitigate fire, burglary, water, and cyber risks in homes, leading to better outcomes for both homeowners and insurers.
Funding
Funding not disclosed
Founders
Product
Problem
Homeowners face increasing risks from fire, burglary, water damage, and cyber threats, while traditional insurance policies often lack personalized risk assessment and proactive prevention measures. Existing solutions often require upfront investment in specific devices, creating barriers to adoption and failing to provide a holistic view of risk across different aspects of home and personal safety.
Solution
InConnect offers an integrated personal safety platform that leverages smart home sensor data and AI-driven analytics to provide personalized risk assessment, prevention recommendations, and dynamic insurance policies. The platform assesses a user's current safety situation using existing smart devices and provides a Safety Score with tailored recommendations to reduce risks. InConnect provides solutions such as recommendations for additional devices, preventive maintenance services, and real-time monitoring with direct assistance. The platform also offers a connected insurance policy with customized coverage and dynamic pricing based on the user's actual safety situation and behavior.
Target Audience
InConnect targets homeowners seeking comprehensive protection against various risks, as well as insurance carriers and MGAs looking to reduce risks and increase customer engagement.
Features
- AI-powered safety scoring based on user circumstances and connected devices.
- Device-agnostic platform that integrates with existing smart home devices.
- Personalized recommendations for risk reduction, including device suggestions and preventive maintenance.
- Real-time monitoring and direct assistance services.
- Dynamic insurance policies with customized coverage and pricing.
- Holistic risk assessment across home, motor, travel, health, and life.
- Gamification and rewards for safe and eco-friendly behavior.