ROC-Connect Wins Insurance Nexus IoT Innovation Award at IoT Insurance Europe Summit 2016

PALO ALTO, CA--(Marketwired - Jun 30, 2016) - ROC-Connect, an Internet of Things (IoT) smart home provider, announces it has won the Insurance Nexus IoT Innovation Award at the IoT Insurance Europe Summit in London. The Insurance Nexus IoT Europe Award 2016 drew over 150 nominations in five categories designed to put a spotlight on companies that are pushing the envelope in digital innovation, customer engagement and service differentiation.

"On behalf of the Insurance Nexus team, we would like to congratulate ROC-Connect for this huge success in the insurance market," said Marsha Irving, Head of Innovation at Insurance Nexus. "By offering flexible, turnkey solutions to the insurance industry, ROC-Connect has managed to create a product that solves a problem and allows insurers to take their business to the next level. IoT will penetrate all areas of insurance and without trailblazers like ROC-Connect, insurers would not be able to achieve the same accelerated rate of development."

The IoT Innovation award recognized ROC-Connect for its IoT platform that provides insurance companies with a way to enter the smart home market. The platform offers insurers the tools to engage consumers more effectively, reduce insured risk, secure access to data, develop new revenue streams, reduce churn, attract new customers and extend their brands.

Key features of the platform include:

• Smart Home Services. ROC-Connect provides a complete Smart Home as a Service (SHaaS) platform that is both flexible and scalable to support the wider IoT using open standards. ROC's SHaaS platform is able to integrate with a wide range of content including weather and property data, and with services like professional monitoring and security services. The platform can also connect to corporate and enterprise legacy systems like CRM and e-commerce.
• Device Provisioning and Support. ROC-Connect can provision devices and give partners a single point of contact for a project. Alternatively, the company has a network of device manufacturers that can supply direct, if required. This ensures lean supply chains that help optimize MOQs, L/T, and product/device variety whilst maintaining the complete user experience.

"It is an honor to be recognized with the IoT Innovation Award," says Marcus Scheiber, CEO of ROC-Connect. "ROC-Connect believes the Internet of Things is poised to fundamentally change the insurance industry's business models. There is a vast amount of untapped opportunity in the IoT, and we look forward to providing insurers with the tools to take full advantage of all that is available."

For more information on ROC-Connect, visit http://www.roc-connect.com/.

About ROC-Connect: ROC-Connect is a leading supplier of Smart Home as a Service (SHaaS) to retailers, insurance companies, manufacturers and service providers. Its smart home services have been deployed in both North and South America where they help to make homes safer, more energy efficient and easier to manage. Its open platform supports a wide range of smart devices that enable partners to deploy simple, affordable and scalable solution to the smart home. For more information, please visit http://roc-connect.com/.