The first nordic smart home insurance solution via Cozify
“Cozify are an open-minded and agile company that develops smart home solutions valued by their customers. It is a joy to work together with Cozify.”
-Anu Koskenvuo, Director
Ostoskori on tyhjä
Cozify’s smart home platform enables insurers and other key stakeholders in the insurance value chain to unlock the potential of consumer IoT whilst simultaneously providing an enriched lifestyle experience for policyholders.
With our easy-to-use, open and dynamic smart home offering the number and value of claims can be reduced for both personal and commercial lines which should improve underwriting performance and profitability whilst also providing a differentiation opportunity.
Many insurers have realised that consumers regard them as the company they contact only when things have gone wrong or when ever increasing premiums require payment. By offering a smart home package that provides value to the lives of the customers every single day with automated comfort features, the perception and role of the insurer is likely to change for the better.
Water leakage is typically the most expensive damage type for many home insurers. Especially slow leakage may be very difficult to spot by the inhabitant.
Cozify can make use of wireless flood sensors that can be easily placed behind dish washing machine or any other location where leakage is likely to happen. Any alert can trigger a notification or even close down the main water. It is also possible to inform the insurer of the water leakage so all necessary actions can be scheduled quickly and efficiently.
The fear of burglary is the biggest reason for feeling insecure at home. A security system that alarms and records video is a good way to make people feel more secure.
Motion and door/window sensors can be used to trigger video recording, notifications and alerts, based on which the consumer or the insurer can decide what action to take. It is also possible to connect Cozify with a home security service provider who can monitor alerts triggered by Cozify
The most common place for fire to start is the kitchen. By placing the wireless smoke detector near the stove, it is possible to get alerts and take action before the situation becomes too dangerous.
When the smoke detector alerts, it can trigger the switching off of mains electricity to prevent the electrical appliances from causing danger. In addition, the alert can be used for sending notifications to both consumer and insurer. Video service can also assist in assessing the situation when the inhabitant is not at home.
Cozify has an advanced rule engine that can automate lighting in a way that matches the user context. In the morning the lights can be energizing, during the daytime only turn on if it is dark outside and in the evening provide a mellow and warm light. They can also be configured to automatically turn off when people are not there or at pre-set times.
Cozify can be used to wake up the family to the tunes of the favorite playlist or radio channel as the bedroom lights slowly become brighter.
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