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CITYOFLONDON TECHNOLOGY NEWS

Wednesday August 28 2019

Neos Joins IoT Insurance Observatory to Champion Industry Innovation


Smart Home InsureTech Lends Support to Global Insurance Think-Tank



Neos Joins IoT Insurance Observatory to Champion Industry Innovation

Neos, the UK’s first smart home insurance provider, has joined the IoT Insurance Observatory to help drive transformation within the insurance industry. The IoT Insurance Observatory aims to connect people and ideas to champion innovation culture within the insurance market.

Data provided by the Internet of Things (IoT) represents an extraordinary opportunity for insurance providers, and the IoT Observatory is the first insurance organisation that specialises in insurance focused IoT. The global insurance think-tank brings together executives from more than 60 organisations, to discuss the greatest innovations and challenges within the insurance industry. 

“We’re really excited to join the IoT Insurance Observatory community alongside some prestigious players in the insurance industry," commented Matt Poll, CEO and Founder of Neos. “Smart home technology is one of the biggest opportunities when it comes to leveraging IoT data within insurance, and we want to make sure Neos is at the forefront of that discussion.”

“The Observatory together with American Family has just published a whitepaper which rationalises the opportunity of smart home insurance for the insurance sector and customers,” commented Observatory founder and Director Matteo Carbone. “I’m honored to have Neos onboard at the Observatory and I’m sure they will be a terrific contributor with their vast experience and understanding of the current challenges and future scenarios when it comes to connected insurance.”

Neos will be participating in the IoT Insurance Observatory's first conferences, taking place in Milan on September 17th and in Las Vegas on September 23rd.

The European Observatory has aggregated almost30 members, including insurers, reinsurers and tech players, and The North American Observatory has over 25 members, including 5 of the top 15 P&C US insurance groups.



"Were really excited to join the IoT Insurance Observatory community alongside some prestigious players in the insurance industry "
Matt Poll, CEO and founder of Neos








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