Having reviewed opportunities for Dianemo within the IoT arena, one of the most exciting is to work with home property insurance companies to benefit their customers through reducing claims situations and potentially reducing premiums. By understanding what is happening within their home, through control and management systems, householders can be alerted to anything untoward and take preventative action – e.g. a water leak turning into a major incident.

Insurers can be involved in this process and by analysing claims and usage data will more accurately be able to offer premiums priced to actual risk. We have undertaken in-depth research for the potential of the connected smart home for insurers and believe that it will be a disruptive situation – real risk indicators, based on actual use patterns, will replace the use of proxy indicators currently deployed in the industry.

Dianemo HomeGuard Overview

Our Dianemo product, already established as a leading control and management hub for connected home devices, will be the key component to enable the sourcing of relevant key data from the home and its translation into meaningful information to both householder and insurer. Development work has now been completed leading to the release of the first version Dianemo InsurTech IoT Solution. With the core CHT management team having previously held senior executive roles within major UK insurance businesses, the development has been based on intimate knowledge and experience of that sector, ensuring that the Dianemo InsurTech IOT Solution has been designed specifically to meet insurer requirements. Insurance businesses should please contact CHT now for a live demonstration of our Dianemo InsurTech IoT Solution.

Development is ongoing with the aim of increasing the capabilities of our Artificial Intelligence (AI) engine and the amount of sensors and devices supported. We are also building out our Cloud Infrastructure and Data Mining capabilities  .

Dianemo HomeGuard - Future