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
We set out on a mission together with LocalTapiola to offer their insurance customers a convenient way to reduce damages and at the same time improve understanding damage prevention in homes. The basic pilot package contained sensors for water leakage, smoke, and burglary (motion sensor). It also has an IP camera and a smart bulb.
With the consent of the customers, Cozify collects and analyses rich data which can be used to reduce damages, create machine learning models and identify upselling opportunities. If movement occurs in the house while the app is in AWAY mode, the burglary guard notifies the owner with a video camera view from the house. The water leakage and smoke alerts notify the house owners with customized instructions via a mobile notification in all modes.
of the smart home insurance customers were new to home automation
chose the more expensive subscribtion model (12€/month) over the basic option (7€/month)
filtered readable data points per month per home that indicate & utilize actual behavioral patterns
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When no one is at home, and door is opened or movement is detected, lights go on, camera starts to record and home owner gets a notification.
Water leak guard
The damage percent can be reduced by 46% with an early detection of the water leak. As a water leak is detected, Cozify notifies the home owner to prevent futher damage.
As soon as smoke is detected in the house, Cozify notifies the home owner with a set of instructions how to proceed in the situation to prevent further damage.