Our guest this week is Scott Ford, the CEO of Pepper. Pepper recently teamed up with Embedded Insurance to create an add-on cyber insurance policy that Pepper can offer through its partnerships with service providers and consumer device makers. Pepper provides a smart home application and service for other businesses, for example providing a smart home interface for an ISP or providing cloud storage services for a connected camera maker. Much like adding on cloud storage can generate extra revenue, adding cyber insurance or other insurance policies can generate money. So customers of Pepper’s customers may soon get a notification asking if they want to pay $5 for cyber insurance that will offset some of the costs of identity theft, cyberbullying, cyber extortion, and more. Ford talks about the cyber insurance product and about how connected devices are changing the way that insurers market their products, and how they assess risk. Honestly, that risk assessment is both exciting and a little bit scary. Enjoy the show.
Hosts: Stacey Higginbotham and Janko Roettgers, creator of the Lowpass newsletter Guest: Scott Ford, the CEO of Pepper Sponsors: Blynk and Particle
Does Roku really want to build a smart home OS or just sell more gear?
Josh.ai brings generative AI to smart homes, and it’s nice
Nanoleaf’s 4-D screen mirror tech is pretty cool
Why your smart camera maker may soon offer you insurance
How connected devices change the way insurance is sold … and priced
Our guest this week is Calista Redmond, the CEO of RISC-V International. She explains what RISC-V is and the why the chip world needs a new instruction set. She also gives some examples of RISC-V architectures used to design chips for the IoT. There are hearing aids and edge computing gateways that currently use the technology as well as automotive chips. We also addressed concerns about the lack of software that supports the RISC-V architecture and how the organization plans to handle fragmentation. Enjoy.
Our guest this week is Rob Davies, the chief insurance officer at Vivint. We start the interview by asking what a monitored security company is doing in the insurance sector, and move on to discuss what data might be most useful in building new insurance products. We also talk about how an insurance company might use smart home data to become more proactive about alleviating risk as opposed to paying out once the worst has happened. Davies uses the example of someone who has forgotten to lock their door. With Vivint’s platform, the insurance provider can let the homeowner know their door is unlocked before someone tries to break in. This creates a new relationship between insurers and their clients, and it will be interesting to see how far insurance companies take this idea. Enjoy the show.
We don’t have a guest this week so we dove right back into the news with a trio of big fundings for the internet of things. First up is funding for a satellite IoT company called OQ that is special because it can use existing NB-IoT and LTE-M radios. The second funding is $140 million for Morse Micro, a chip company that is making chips for Wi-Fi HaLow deployments. The final funding is for Flair, a maker of connected HVAC vents for the home, which raised $7.6 million. We then talk about Ring adding end-to-end encryption for its wireless doorbell and video camera products, new ways to address your Nest Hub Max without saying “Hey Google” first, and new lights from Philips Hue. I also review the Hue Tap Dial Switch and realize my love of buttons is going to force me to do some serious work when Matter arrives. We end the show by answering a listener question about a smart button (or maybe a dumb one) for a smart garage door opener.
Last week the man who founded Aereo, a company that was aimed at bringing over the air television to the masses who couldn’t always get it, and then allowing them to time-shift that television by recording it, launched Starry. Starry is a new type of ISP that aims to deliver gigabit internet service to homes (in Boston at first) and will also sell a router, smart home hub combo device. With Starry or any ISP, I would usually use an IP Transit from M247 to go with it, to manage internet traffic and to have a high capacity internet connection. Because any new hub device gets my attention–especially if it comes with gigabit broadband–Chet Kanojia, CEO of Starry, came on this week’s show to discuss his plans. We didn’t get too much into the technical details of the broadband, but did talk about why he’s adding a smart home component and what he learned from Aereo. It’s a good listen.
And of course, Kevin and I talked about the news of the previous week with Oral Roberts mandating Fitbits for students, which segued into insurance firms and the Internet of things. Then we moved onto the Alphabet earnings and what that meant for Nest. We were a little disappointed. We also discussed two really cool projects and hope someone out there tries to make the homemade Amazon Echo project or purchases the Pine64 smart home pack. If you do either of these things, email us at info at iotpodcast dot com to tell us about it. Next week Kevin and I will talk about Cisco buying Jasper for $1.4 billion as well as this awesome Google Now mirror Max Braun at Google built.
Host: Stacey Higginbotham and Kevin Tofel
Guest: Chet Kanojia, CEO of Starry
Mandatory Fitbits and the future of insurance.
How many Nests are out there exactly?
Built your own Amazon Echo with Intel and a USB mic.
Why build an ISP with a smart home component?
How to avoid a single point of failure in your business.