Due to the recent acquisition of Fortrezz and C&S Electronics by MiOS’s parent company, Ezlo Innovation, MiOS is now well-positioned to add flood detection and prevention services for insurers.
Insurers are already offering discounts to homeowners based on the installation of certain smart products in the home, but the MiOS solution offers insurers the opportunity they’ve been waiting for. By embedding the world’s smallest smart home hub in a professional-grade flood prevention device, MiOS gives insurers the option to package this solution as their own—and ultimately gain visibility into how their clients use all of the connected devices in their home. With this information in hand, insurance companies will be better able to optimize their offerings, reduce their risk, and ultimately drive more growth year over year.
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