Josh.ai’s new generative AI model can answer many more questions than a traditional home assistant. And it can still turn on the lights. Image courtesy of Josh.ai.
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
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How connected devices change the way insurance is sold … and priced
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