InsurTech Futures: Arag teams up with InsurTech start-up Neos

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Neos says Arag helps join up the claims process for its connected home product.

Legal protection and assistance specialist Arag will provide home emergency and legal expenses insurance for Neos’ connected home proposition.

Neos, which is an InsurTech start-up managing general agent (MGA), is backed by former England footballer Gary Lineker and provides smart home insurance.

It further stated that its technology can detect and help prevent fire, theft and water leaks, with real-time updates provided to the customer’s smartphone.

Neos secured a £5m series A investment led

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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