Today’s insurance industry isn’t just about processing damage claims—it’s about helping clients avoid them altogether. Sigfox’s reliable network dedicated to the Internet of Things harnesses the power of data to create a more secure, more connected world. This next generation of smart security solutions overcomes the shortfalls of earlier technology to provide connectivity at very cost-effcient price. Protect homes and businesses with security alarms that aren’t susceptible to GSM jamming. Recover stolen vehicles with powerful, reliable tracking systems. React quickly to emergencies in the home or business with connected smoke detectors and real-time water leak detection. It’s a smarter set of tools for the modern insurance landscape.
Most residential security alarms are connected via the Global System for Mobile communications (GSM) to a central alerting system, but with cheap GSM jammers now widely available on the Internet, burglar intrusion is much too easy. Sigfox provides back- up connectivity to ensure alarms are transmitted to security companies if the primary GSM is jammed. Where reliable security systems are installed, insurance companies can reduce the cost of insurance against theft.
Smoke detectors are a critical life-saving device that must be operational in case of a fire. IoT- connected smoke detectors transmit functional information through the Sigfox network and can send real-time alerts. Alerts can be sent as phone calls, SMS messages or emails to property owners to notify smoke detector malfunction, or to any security provider to handle smoke detection. With a reliable smoke detector and a solution for improved reaction in the event of fire, fire-related insurance claims can be reduced.