insurance, consumers and iot: new business models · future of video: ott, pay tv, and digital...
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#CONNSummit19 © PARKS ASSOCIATES
Insurance, Consumers and
IoT: New Business Models
#CONNSummit19 @CONN_Summit
#CONNSummit19 © PARKS ASSOCIATES
Consumer Interest in Insurance IoT Solutions
60%Interested in
water, fire,
or theft devices
75%Purchase intenders
willing to share
data automatically
with insurers
40-50%Interested in
additional
services
from insurer
40%Would switch
providers to get
smart home
products
#CONNSummit19 © PARKS ASSOCIATES
Daniel Behrendt
Head of Business
Development
Resideo
Cristene Gonzalez-WertzElectronics + Environment, Energy &
Utilities Research Director
IBM Institute for Business
Value
Yuval HarryHead of Partnerships
Hippo
@hippo_insurance
Jon-Michael KowallAssistant VP of Property Product
Development & Innovation
USAA
@USAA
David WechslerSenior Director of Channels
and Partnerships
Comcast Xfinity
@DaveWechsler
Brad RussellResearch Director,
Connected Home
Parks Associates
@bradrusselltechMe
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#CONNSummit19
Daniel Behrendt
Head of Business
Development
Resideo
What We Do…
Helping you feel more safe, secure and comfortable at home.
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*Most Active SKUs
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#CONNSummit19
Cristene Gonzalez-WertzElectronics + Environment, Energy &
Utilities Research Director
IBM Institute for
Business Value
#CONNSummit19
Yuval Harry
Head of Partnerships
Hippo
@hippo_insurance
What is Hippo Homeowners Insurance?
Easy purchase
Modern coverage
Proactive insurance
#CONNSummit19
Jon-Michael KowallAssistant VP of Property Product
Development & Innovation
USAA
@USAA
…facilitate the financial security of its members
…be the provider of choice for the military community.
#CONNSummit19
David Wechsler
Senior Director of Channels
and Partnerships
Comcast Xfinity
@DaveWechsler
• 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
#CONNSummit19 © PARKS ASSOCIATES
Daniel Behrendt
Head of Business
Development
Resideo
Cristene Gonzalez-WertzElectronics + Environment, Energy &
Utilities Research Director
IBM Institute for Business
Value
Yuval HarryHead of Partnerships
Hippo
@hippo_insurance
Jon-Michael KowallAssistant VP of Property Product
Development & Innovation
USAA
@USAA
David WechslerSenior Director of Channels
and Partnerships
Comcast Xfinity
@DaveWechsler
Brad RussellResearch Director,
Connected Home
Parks Associates
@bradrusselltechMe
et
the
Sp
ea
ke
rs
MO
DE
RA
TO
R
#CONNSummit19 © PARKS ASSOCIATES
Sponsors
Reception
Event
Program Guide
#CONNSummit19 © PARKS ASSOCIATES
CONNECTED HEALTH SUMMIT:
Independent Living & Wellness
August 27-29, 2019
San Diego, CA
CONNECTIONS™ Europe:
Strategies For the Smart Home and
Consumer IoT
November 2019
Amsterdam, The Netherlands
Future of Video: OTT, Pay TV,
and Digital Media
December 2019
Marina del Rey, CA
CONNECTIONS™ Summit at CES:
Consumer IoT and Smart Home
January 2020
Las Vegas, NV
Smart Energy Summit:
Engaging the Consumer
February 18-20, 2019
Austin, TX
CONNECTIONS™: The Premier
Connected Home Conference
May 21-23, 2019
San Francisco, CA
Join Parks Associates at Upcoming Events