Smart light bulbs

December 5th Post by Jenny Williams

Keep in touch with the fast-moving world of technology innovation in insurance via InsTech London. #insurtech

Are smart light bulbs the tip of the iceberg for the increasing functionality of everyday products for the home?

An example of smart technology going mainstream.

They use less energy, produce less heat, and last much longer, can be controlled from afar or scheduled to turn on and off at preset times remotely, even to function as an alarm.

Customers have to choose between bulbs that use built-in Wi-Fi radios or perhaps Bluetooth that can connect directly with smart devices, or via a signal transmitted by some sort of hub or bridge device to act as translator to your smart device.

This is the tip of the iceberg for making everyday objects smart — either in the personal or commercial space. They have potential to mitigate risk for insureds and insurers, but will carry their own unique product liabilities risks and cyber security risks.