Risk Reduction

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Smart Geyser Risk Reduction

Burst geysers, consequential damage and repairs are the most common geyser-related claims in homeowners’ insurance policies. These are significant given that geysers amount to approximately 50% of home insurance premiums. Sensor Networks’ Internet of Things (IoT) platform mitigates this risk by detecting when a geyser has burst and automatically stopping water flow. This eliminates the … Read more