Fotrics cloud-based thermal imaging camera, Fotric 123, provides early fire detection by monitoring indoor temperature. The device rings an alarm in the event of danger and sends notifications to users smartphones. Fotric 123 also features a night version camera that works in low light and records for added home security, according to the companys website. In the long run, insurers have to price risk based on loss data and give premiums based off of that data, says Donald Light, director of the P&C practice for Celent. Claims losses from moisture are the biggest for home insurers, followed by fire, smoke and carbon monoxide.