IoT Enabled Risk Control

Learn how IoT devices can revolutionise risk control and loss mitigation in commercial insurance.

Are you asking yourself

Interested in proactively reducing your loss ratios across your current book of business?
Want to make cost-effective risk management services part of your customer offerings?
Looking to build a business case for use of IoT technology in commercial insurance offerings?
Unsure how best to leverage IoT data in your current application landscape?
Looking for a framework to evaluate the many IoT vendors in the market?

What you will get from us:

Reduced loss ratios through rapid loss mitigation and preventative maintenance!
Increased customer satisfaction and retention through risk control services and collaboration around risk management.
Customer risk insights through analysis of IoT data for use in underwriting.
New pricing models utilizing IoT data.

Our Approach

Analysis and quantification of potential risk mitigation opportunity in book of business leading to identify prioritized IoT use cases.
Vendor selection utilizing Synpulse’s IoT specific vendor assessment.
Support planning and executing your first IoT insurance pilot, including defining KPIs, identifying early adoption clients and tailoring comms for best chance of success.
Agile MVP IoT integration to enable pilot proof of value.
Long term target-architecture design including incorporating Risk object Management Solutions to enable building risk object profiles using IoT data.

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