Liberty Mutual continues its embrace of smart home technology through a new partnership with a New York-based startup.
The insurer has partnered with Canary, which makes smart devices that enhance home security, through its Smart Home Discount Program. The initiative offers discounts to customers who adopt smart home devices, like Nest.
Liberty Mutual's venture capital arm has invested in other smart home companies including August Home and Notion.
“Proactively monitoring your property with this innovative technology helps our customers create a smarter, safer home, and we believe those responsible actions should be rewarded,” said Anne McLeod, senior vice president and Property Product Manager, Liberty Mutual Insurance. “We are excited to partner with Canary and its standout home security product to help our customers worry less and save on their home insurance.”
For its part, Canary, through its partnerships with State Farm and Liberty Mutual, is preparing a pilot "that allows select customers to share limited information with their dedicated insurance provider and supply learnings that may lead to new offerings and deals," the company says.
"Alongside industry leaders ... we have the opportunity to keep innovating towards our common goals of smarter insurance for every home," says Canary CEO Adam Sager.
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