Take an innovative approach to traditional perils
The Internet of Things can be complex. We’re here to simplify it for insurance carriers and their policyholders.
Combining insurance, engineering, and technology, HSB is leading the way to fewer claims and less severe losses from common property and equipment perils.
The numbers are alarming
Why Sensor Solutions by HSB™?
Smart sensors are enabling exciting new insurance models and experiences — but not all smart sensors are created equal. Our flagship solution is truly smart by every definition of the word. Partners who commit to our IoT program can achieve payback in less than one year while benefiting from:
· Customized IoT program design
· Leading edge technology
· Proprietary alert algorithms (designed by HSB engineers)
· Actionable data and analytics
· Diverse business models for investment
Average ROI in 2021
Creating a variety of breakthrough insurance and performance business models for our partners
Technology-enabled risk mitigation looks like this
Loss prevention is our biggest concern. The frozen and broken pipes this past winter cost us almost $800,000, nearly double our past 10-year average. Now with the sensor technology, we can often anticipate an issue and get it repaired before it causes costly damage.