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Insurance, Consumers and Iot: New Business Models

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Insurance, Consumers and Iot: New Business Models #CONNSummit19 @CONN_Summit Insurance, Consumers and IoT: New Business Models #CONNSummit19 © PARKS ASSOCIATES Consumer Interest in Insurance IoT Solutions 60% 75% 40% 40-50% Interested in Purchase intenders Would switch Interested in water, fire, willing to share providers to get additional or theft devices data automatically smart home services with insurers products from insurer #CONNSummit19 © PARKS ASSOCIATES Daniel Behrendt Jon-Michael Kowall Head of Business Assistant VP of Property Product Development Development & Innovation Resideo USAA @USAA Cristene Gonzalez-Wertz David Wechsler Electronics + Environment, Energy & Senior Director of Channels Utilities Research Director and Partnerships IBM Institute for Business Comcast Xfinity Value @DaveWechsler Yuval Harry Brad Russell Head of Partnerships Research Director, Hippo Connected Home @hippo_insurance Parks Associates MODERATOR @bradrusselltech Meet the Speakers #CONNSummit19 © PARKS ASSOCIATES Daniel Behrendt Head of Business Development Resideo #CONNSummit19 What We Do… 5 6 7 5 1 2 3 8 4 2 9 *Most Active SKUs Helping you feel more safe, secure and comfortable at home. Cristene Gonzalez-Wertz Electronics + Environment, Energy & Utilities Research Director IBM Institute for Business Value #CONNSummit19 Yuval Harry Head of Partnerships Hippo @hippo_insurance #CONNSummit19 What is Hippo Homeowners Insurance? Easy purchase Modern coverage Proactive insurance Jon-Michael Kowall Assistant VP of Property Product Development & Innovation USAA @USAA #CONNSummit19 …facilitate the financial security of its members …be the provider of choice for the military community. David Wechsler Senior Director of Channels and Partnerships Comcast Xfinity @DaveWechsler #CONNSummit19 • Comcast Corp is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal, and Sky. Comcast Cable is one of the US’s largest video, high- speed internet, and phone providers to residential customers under the xfinity brand. It also provides wireless and security and automation services to residential customers under the xfinity brand. Sky is one of Europe's leading media and entertainment companies also providing communications services, including residential high-speed internet, phone, and wireless services. - Q3 ’18 - Total High-Speed Internet Customers (US): 26.8MM - (24.7MM res, 2.1MM bus) • Various constituents in the insurance industry are exploring how IoT might optimize different business models. • As our internet is the backbone for a significant number of the nation’s IoT devices, we wanted to have an understanding of how the sector might impact IoT growth trends. - Invested in Hippo through Comcast Ventures and partnered with Hippo in agency distribution to get a hands-on perspective Confidential and Proprietary 12 Daniel Behrendt Jon-Michael Kowall Head of Business Assistant VP of Property Product Development Development & Innovation Resideo USAA @USAA Cristene Gonzalez-Wertz David Wechsler Electronics + Environment, Energy & Senior Director of Channels Utilities Research Director and Partnerships IBM Institute for Business Comcast Xfinity Value @DaveWechsler Yuval Harry Brad Russell Head of Partnerships Research Director, Hippo Connected Home @hippo_insurance Parks Associates MODERATOR @bradrusselltech Meet the Speakers #CONNSummit19 © PARKS ASSOCIATES Sponsors Reception Program Guide Event #CONNSummit19 © PARKS ASSOCIATES Join Parks Associates at Upcoming Events CONNECTIONS™ Europe: Smart Energy Summit: Strategies For the Smart Home and Engaging the Consumer Consumer IoT February 18-20, 2019 November 2019 Austin, TX Amsterdam, The Netherlands CONNECTIONS™: The Premier Future of Video: OTT, Pay TV, Connected Home Conference and Digital Media May 21-23, 2019 December 2019 San Francisco, CA Marina del Rey, CA CONNECTED HEALTH SUMMIT: CONNECTIONS™ Summit at CES: Independent Living & Wellness Consumer IoT and Smart Home August 27-29, 2019 January 2020 San Diego, CA Las Vegas, NV #CONNSummit19 © PARKS ASSOCIATES.
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