BEDFORD HEIGHTS, Ohio--(BUSINESS WIRE)--leakSMARTTM, the market’s leading complete home water protection system, is sponsoring IoT Insurance USA, the first event of its kind where insurers explore opportunities for IoT technology in the insurance industry.
The IoT Insurance USA event seeks to understand how innovative businesses use IoT technology to create new revenue streams for insurers, how new products and value-added services can establish better relationships between customers and insurers, and how real-time monitoring can help prevent loss and reduce claims.
JaNette Barnett, vice president of marketing and sales for Waxman, explained leakSMARTTM’s role within the event and the opportunities the product can provide insurers. “leakSMARTTM is excited to sponsor this event, which is industry-leading for insurance,” Barnett said. “leakSMARTTM has a future in the insurance realm, and we’re thrilled that we can spearhead innovation such as this.”
leakSMARTTM protects the home from water damage with the valve, hub and app (iOS and Android), as well as the wireless and waterproof leak sensors. These components work together to detect a leak, stop the water immediately, and alert homeowners, granting them unlimited control over their home’s main water supply.
For more information about leakSMARTTM, visit getleaksmart.com.
leakSMARTTM is a patented water mitigation solution that provides complete home water protection with leak detection and monitoring for everything from burst water supply lines, washing machine leaks, and leaks from other everyday appliances and plumbing fixtures throughout the house. leakSMARTTM then automatically shuts off the main water supply when a leak is detected in the home. The system also immediately alerts the homeowner on a smart device when a water leak occurs — all in less than five seconds. For more information about leakSMARTTM, visit getleaksmart.com.
About Waxman Consumer Products Group, Inc.
leakSMART™ is a trademarked solution that has been designed, developed and manufactured by Waxman Consumer Products Group, Inc. (Waxman). Based near Cleveland, Ohio, Waxman has more than 500 employees from around the globe who design, develop and distribute efficient and innovative products for nearly every room in the home. The company specializes in surface protection and floor care, home improvement and hardware, and home organization and storage solutions, among other categories. For more information about Waxman or any of its brands and solutions, visit waxman.com.