Plasmatic Technologies Eyes Insurance Distribution with Smart Home Data
Plasmatic Technologies Eyes Insurance Distribution with Smart Home Data
HazardHub and Plasmatic Technologies Inc. today announce their partnership centered around the harmonization of connected device and property and hazard risk data, unleashing new capabilities for increased policyholder engagement and peril prevention programs in Home Insurance.

Through this partnership, customer engagement programs powered by Plasmatic’s Alana platform, can further enhance the context of already valuable connected device data with a comprehensive set of property attributes and HazardHub’s depth of risk scores. 

With all data elements tightly coupled into the profile of each property and available in a service provider dashboard, insurance providers are empowered to deliver meaningful and personalized digital experiences which in turn help home owners take proactive measures to reduce both the likelihood and severity of perils.

One such insurance carrier is Amica Mutual Insurance Co., which has integrated Alana into its home maintenance and inventory app, Home Check. Dan Belhumeur, Innovation Manager in Amica’s Digital Solutions and Innovation group, explains: “At Amica, nothing is more important than being a great partner for our customers. Plasmatic’s expertise in targeted customer engagement, as well as its smart home knowledge and unparalleled support, make this a natural fit. 

With the addition of property and peril risk information, we’re even better positioned to deliver value to our policyholders to help safeguard their properties and valuables from loss.”

“Our solutions were designed from the outset with the guiding principal of flexibility to support not only the constantly evolving landscape of connected home devices but tap into the enormous potential of AI enabled data services to complement our Smart Home telematics and customer engagement capabilities.” stated David Sussman, Plasmatic’s CEO.

John Siegman, Founder & CRO; CCA of HazardHub said, “This partnership is a testament to our capabilities and investment in building scalable data services that are of intrinsic value to forward-thinking partners and insurance carriers. 

Plasmatic and our organization have developed a truly synergistic partnership and we’re looking forward to bringing our combined capabilities to additional carriers as engagement and hazard data become increasingly important for proactive insurance going forward.”

“We scanned the market for an agile provider that can offer us a complete and API accessible data source that fulfills our immediate and long term needs for property and risk data. HazardHub ticked all the boxes to the benefit of our customers.” added Mr. Sussman. 

Through a inclusion of property and peril risk data alongside the robust device and user engagement facilities of the Alana solution, insurance providers now have access to a complete array of tools that can be leveraged through Plasmatic’s brandable app or existing app investments as is the case of Amica.

Source: PR Web

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