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Locks and Security News: your weekly locks and security industry newsletter
21st February 2024 Issue no. 693

Your industry news - first


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Neos launches next generation of 'smart' home insurance

* Neos1.jpgNeos, the UK's first smart home insurance provider, has launched its next generation of tech-enabled home insurance packages. Now enhanced with new market-leading preventative solutions, Neos insurance packages effectively help UK consumers protect their homes from domestic fires, theft and water damage with a best value tech and insurance offering.

Since launching in 2017, Neos has worked closely with its customers to continuously develop its range of products and services, bringing the next generation of home insurance to UK households.

The new range of Neos insurance packages includes:

* Neos SmartCam: a best-selling home security camera on Amazon that customers can access via their Neos app to always be connected to home
* LeakBot: a 24/7 solution that monitors the entire home for hidden leaks and burst pipes - the main source of domestic damage in UK homes
* Roost Leak Sensor: a device that detects piping problems such as freezing, leaks and humidity early, before they escalate
* Roost Smart Smoke Alarm Battery: a solution that transforms existing smoke alarms into smart alarms via the Neos app

* Neos2.jpgAll devices are connected via WiFi, giving customers the confidence that their home is being looked after 24/7, safe in the knowledge that they will instantly receive an alert to their smartphone via the Neos app, should any unusual activity occur.

Matt Poll, CEO and Co-Founder of Neos says:

"We're so excited to launch the next generation of our smart home insurance to UK consumers. Our latest tech bundles take us a step forward in providing customers with a refreshingly smarter way to look after their home. Early detection is at the heart of what we do. Our smart technology helps prevent incidents from happening in the home, meaning our customers spend less time making claims and more time feeling confident that their home is being looked after.

Traditionally customers have minimal interaction with their insurance provider; however, with a 24/7 connection to their home and customer support in their pocket via the Neos app, our customers interact frequently, often on a daily basis to check in on their home. What we are doing is truly disrupting a traditional industry by placing customer needs at the heart of our offering."

The leading insurtech gained further market credibility last year, with giant Aviva Insurance Ltd, taking a majority stake in the company. Combining the power of smart home technology, such as smart cameras, leak detection and smart smoke alarm batteries, with comprehensive home and contents insurance, all accessible via the Neos app, Neos has transformed the relationship between customers and their insurance provider.

About Neos:

Neos is the UK's first smart home insurance provider that presents a new way for policyholders to insure and actively look after their home from their smartphone. Neos combines smart home technology, comprehensive home insurance, 24/7 monitoring and assistance, directly through the easy to use app.

Gaining recognition on a global stage, Neos was ranked sixth in the Top 100 Global Insurtech list in 2018, the highest-ranking UK insurtech firm, and was also ranked eleventh in the world's 100 most disruptive brands in 2017. Since then Neos has been sweeping up awards, taking first place for Best Insurer in IoT, Internet of Things Breakthrough, the Insurance Times 'Insurer Innovation of the Year', and the 'Start-up of the Year' Award.

Neos is authorised and regulated by the Financial Conduct Authority (FCA). In 2018 Aviva Ventures took a majority share in Neos allowing them to expand into retail markets. The
Launch of the Neos e-shop represents another step towards making preventative smart technology widely accessible. https://neos.co.uk/

24th July 2019

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