CNA to Offer IoT Solutions to Commercial Customers

Hartford Steam Boiler has announced it has created an alliance with CNA to offer HSB’s IoT technology solutions to CNA’s small and mid-size commercial policyholders to help prevent or reduce property damage and business interruption loss.

Utilizing proprietary sensors and customized algorithms, HSB IoT Technology is a commercial-strength, turnkey package of hardware and software, data analytics, back-end operations, targeted alerts, and 24/7 monitoring support. Real-time alerts help identify water leaks, temperature extremes, and power outages — the leading causes of loss for commercial businesses — and suggest corrective action for remediation.

HSB’s IoT sensor solutions technologies program has collected and analyzed more than 430m sensor readings from client locations for thousands of small to mid-sized enterprises across the country. Its data model is structured to permit multi-level analysis by business class, region, cause and other insurer specified parameters. With more than 150 years of insurance risk management and engineering expertise, HSB is uniquely qualified to design IoT technology solutions.