#USA #Florida #SmartThings #Samsung Electronics #Hartford Steam Boiler

Samsung and Hartford Steam Boiler Launch Smart Home Services

In an exciting partnership aimed at innovating the world of home insurance, Samsung Electronics has announced the launch of a new service called Smart Home Savings in collaboration with Hartford Steam Boiler (HSB). This initiative, aimed at homeowners in the United States, leverages the capabilities of Samsung’s home appliances connected through the SmartThings ecosystem to help users save money on their insurance premiums.

The Innovation Behind Smart Home Savings

The Smart Home Savings program works by allowing homeowners to inform participating insurance carriers about the protective benefits that their connected Samsung appliances provide. For instance, appliances equipped to detect risks, such as minor water leaks, can lead to reduced premiums by demonstrating a home’s enhanced safety profile. This not only represents cost savings for users but also highlights how modern technology can positively reshape the landscape of home insurance.

When homeowners opt into Smart Home Savings via the SmartThings app, they can provide insurers with details of their connected appliances which can monitor for early warning signs of issues. This proactive approach allows homeowners to receive premium-reducing credits for possessing smart appliances that help in addressing potential hazards before they escalate.

Proven Success and Future Expansion Plans

Samsung and HSB initially piloted the program in 2025, collaborating with leading U.S. home-insurance carriers, particularly in Florida. Early results have indicated substantial premium reductions for many participants, showcasing the initiative's potential to deliver tangible benefits. Impressed by this initial success, the companies are now poised to expand the service to additional states across the U.S. and even internationally to Europe and other global markets.

Moreover, the Smart Home Savings program is structured to align with the Home Connectivity Alliance (HCA) Insurance Interface Specification. This design allows for diversity and competition among insurers, fostering an innovative environment where both consumers and different smart-home brands can benefit. The strategy promotes better competition in the insurance sector while simultaneously expanding consumer options.

Samsung's Commitment to Innovation

According to Hyesoon Yang, Executive Vice President and Head of New Biz Team for the Digital Appliances Business at Samsung Electronics, the company is dedicated to providing tangible benefits to households through advancements in connected-home technology. Yang emphasized that Smart Home Savings is not only a financial benefit but also a way to encourage safer living environments through equipped smart homes.

Greg M. Barats, President and CEO of HSB Group, noted that their proprietary platform is instrumental in connecting Samsung with insurance providers, ultimately granting families access to both protection and affordability. Barats emphasized the strong results observed so far and expressed optimism for further growth and partnerships with top-tier carriers across the United States.

Conclusion

With notable advancements in technology and a growing focus on smart-home features, Samsung and HSB's collaboration is paving the way for a new era of home insurance that prioritizes safety and savings through innovation. This partnership underscores the merging of technology with traditional industries, signifying a promising future for homeowners seeking both security and financial relief. As Smart Home Savings continues to develop, it sets a precedent for how future insurance models may begin to evolve in response to emerging technologies. Stay tuned for what’s next as Samsung and HSB expand their offerings and enhance safety across homes worldwide.