LexisNexis Risk Solutions and Yonomi, Inc. Announce Connected Home Proof of Concept
LexisNexis® Risk Solutions and Yonomi Smart Home have joined forces to develop an innovative turnkey home insurance Internet of Things (IoT) solution. The proof of concept will include a smartphone app that participating policyholders can download at the request of their insurer. The app uses smartphone and device sensors to find common IoT devices in the home, creating a data feed to LexisNexis Risk Solutions. The insights collected, such as utilization statistics and loss correlation trends, will be packaged and provided to the insurer.
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