October 10, 2018
US-listed carrier Travelers has teamed up with e-commerce giant Amazon to offer smart home kits and discounted home insurance policies through a digital storefront.
The smart home kits will be offered at discounted prices for Travelers customers in participating states in the US and are designed to help protect homeowners from some of the most common causes of loss.
Eligible Travelers home insurance customers will also receive a discount on their policy with the purchase of a smart home kit.
Consumers interested in a home insurance quote will be directed from the Travelers storefront on Amazon to the company’s website or to an independent insurance agent.
On the partnership, Travelers chairman and CEO Alan Schnitzer said: “This is an exciting example of Travelers executing on our innovation agenda to be the undeniable choice for the customer and an indispensable partner for our agents and brokers.”
Michael Klein, executive vice president and president of personal insurance, commented: “Smart home technology is making it easier for all of us to monitor our homes and help protect us from some of the most common causes of damage.”
“Our Amazon digital storefront conveniently brings together smart home devices, installation services, discounts and insurance knowledge in one central location to help our customers and agents manage risk and take a more proactive approach to home safety.”
Klein added: “We continually look for innovative ways to help our agents grow their business, and we’re thrilled that this collaboration with Amazon will give them another way to differentiate themselves and Travelers in the marketplace.”