Preventing bad things from happening in the first place: the insurance of the future?

28-08-2018

Preventing bad things from happening in the first place: the insurance of the future?

Matt Poll, chief executive and founder of Neos

Insurtech firm Neos is focused on prevention first, payouts second. Matt Poll, chief executive and founder of Neos and one of the speakers at Intelligent InsurTech Europe, which will take place in October in London, chats to Intelligent Insurer about the company’s successes so far and current goals.

Tell us more about Neos and its USPs.

Neos is the UK’s first smart home insurance. Unlike traditional home insurance, Neos includes smart technology as part of our cover to help prevent bad things from happening in our customers’ homes in the first place. Should the unexpected happen, our customers are still fully covered with comprehensive home insurance—but our focus is prevention first, payouts second.

“Insurtech will also make significant gains towards improving customer engagement and retention, and creating new pricing models, as well as potentially improving claims and policy management processes.”Every Neos policy comes with a HD smart security camera as standard; a device which has benefits in everyday life as well as emergencies. It provides a real-time view into the home and features motion detection along with night vision. Given that homeowners worry more about intruders and leaving their home unoccupied than any other threat, this device gives them comfort that everything is OK. It can be equally useful for checking in on pets and children.


Insurtech, Insurtech Europe, London, UK, Neos, Matt Poll, Home insurance, Technology

Intelligent Insurer