istock-509559314_adrianhancu-1
iStock/ Adrianhancu
10 October 2018Insurance

Travelers partners with Amazon for smart home solutions

US-based property/casualty insurer Travelers has teamed up with Amazon to offer smart home solutions through a digital storefront on the electronic commerce giant.

Travelers said the smart home kits are designed to help protect homeowners from some of the most common causes of loss. It will be offered at discounted prices for Travelers home insurance customers. The kit will include insurance and risk management information, security cameras, water sensors, motion detectors with multi-sensor capabilities, a smart home hub with wireless connectivity, and an Amazon Echo Dot.

“This is an exciting example of Travelers executing on our innovation agenda to be the undeniable choice for the customer and an indispensable partner for our agents and brokers,” said Alan Schnitzer, chairman and CEO at Travelers. “It advances our priorities of extending our lead in risk expertise and providing great experiences for our customers, agents and brokers.”

Michael Klein, executive vice president and president of personal insurance at Travelers, said: “Smart home technology is making it easier for all of us to monitor our homes and help protect us from some of the most common causes of damage. Our Amazon digital storefront conveniently brings together smart home devices, installation services, discounts and insurance knowledge in one central location to help our customers and agents manage risk and take a more proactive approach to home safety.”

“We continually look for innovative ways to help our agents grow their business, and we’re thrilled that this collaboration with Amazon will give them another way to differentiate themselves and Travelers in the marketplace,” Klein added.

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

More of today's news

Maiden sells US casualty fac business to Sompo

Ascot CEO becomes new Lloyd’s Market Association chairman

Chubb estimates Q3 cat losses at $450m pre-tax

London Market profitability to remain under pressure in 2018: Fitch

Allianz strengthens AGCS UK broker relationships with AIG hire

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
12 September 2018   Property/casualty insurer Travelers Companies has appointed Mojgan Lefebvre as executive vice president and chief information officer. She succeeds Madelyn Lankton, who will retire this month after 36 years with Travelers.
Insurance
24 August 2018   US-based property/casualty insurer Travelers has acquired a majority stake, approximately 60 percent, in the Canadian fintech start-up Zensurance for roughly C$16 million ($12.2 million), according to BetaKit.
Insurance
18 October 2018   Lower catastrophe losses in the third quarter of 2018 have helped The Travelers Companies to more than double the profit in the period compared to the previous year.