Burst geysers, consequential damage and repairs are the most common geyser-related claims in homeowners’ insurance policies. These are significant given that geysers amount to approximately 50% of home insurance premiums. Sensor Networks’ Internet of Things (IoT) platform mitigates this risk by detecting when a geyser has burst and automatically stopping water flow. This eliminates the […]

Blown geyser element

Blown elements are the most frequent homeowner’s insurance claim. Burst geysers and consequential water damage are a pain point for homeowners and insurance providers alike, resulting in millions of rands in claims for providers, and increased premiums for policy holders. Sensor Networks’ IoT platform has enabled insurers to significantly reduce this risk through bespoke sensors […]

IoT data is the foundation of smart-home insurance through enabling insurers to optimally assess and manage certain risks in their policyholders’ homes, resulting in superior value propositions while providing value-added services. Sensor Networks’s bespoke sensors document and contextualise a policyholder’s daily behaviour with regards to water usage, electricity consumption, home frequency, shower patterns, sleep patterns, […]

Energy Savings Report

This report investigates whether installing a Sensor Networks Smart Geyser controller reduces the average user’s geyser energy consumption and the significance of those savings by assessing the existing usage patterns through sensor data. Further, the project seeks to unveil the user characteristics and behavioural patterns which best optimise consumption cost without hindering user convenience (e.g. […]