Smart home insurance Hiro launched

Smart technology provider, Hero Labs has launched an insurtech business, which plans to offer discounts on home insurance where smart devices, such as Hero Labs smart home leak detector, are fitted. It also plans to offer an automated claims service.

The new business has been launched by Hero Labs founder Krystian Zajac who also co-founded Neos in 2016 before its sale to Aviva in 2018.

London-based Hiro is presently in the process of applying for Financial Conduct Authority authorisation.

Hamish Neale, commercial director at Hero Labs said that the business was presently “building an insurance product for smart homes” that will “have customers who are smart and protect their homes with smart technology rewards, perks and discounts.“

Hero Labs has however also had to pause the promotion of its new whole-home leak protection solution, Sonic - which requires professional installation - due to the coronavirus pandemic.

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