Roost, a provider of home telematics for property insurance carriers, has partnered with New York-based Kingstone Insurance.
Roost is a technology company headquartered in Sunnyvale, Calif. Kingstone is a property and casualty insurance holding company whose principal operating subsidiary, Kingstone Insurance Company, is domiciled in the state of New York.
Kingstone does business only through independent retail and wholesale brokers and writes insurance policies in New York, New Jersey, Pennsylvania, Rhode Island, Massachusetts, Connecticut, Maine, New Hampshire and Texas. He currently offers goods and accident insurance products for individuals and small businesses in New York, New Jersey, Pennsylvania, Rhode Island and Massachusetts.
In order to increase policyholder participation and reduce compensation costs, Kingstone Insurance will launch a pilot program in September to offer a free Roost Intelligent Water Leakage and Freeze Detector or Roost Smart Battery to select new and existing policy holders.
When Kingstone begins to use its Roost smart sensors, policy owners will be able to better mitigate the costs and difficulties of claims regarding fire, smoke, and water leakage, according to Roost’s press release. Kingstone Insurance will also be able to strengthen its relationship with policyholders through Roost’s co-branded Kingstone Insurance mobile application, which has been enhanced with common weather alerts and home service professional access.
The Roost Smart 9V Battery converts existing smoke alarms into intelligent alarms. If the alarm sounds and no-one is home, a smartphone notification is sent. The Roost Intelligent Water Leakage and Freeze Detector is designed to detect water leaks and, at the same time, moisture and freezing temperatures. It offers smartphone alerts through the joint branded Kingstone application to help minimize water damage and loss.
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