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Home appliances connected to SmartThings app enable lower insurance premiums through simple assessment process at no additional cost
LAS VEGAS, Jan. 6, 2026 /PRNewswire/ -- Samsung Electronics Co., Ltd. announced Smart Home Savings, a new service developed with Hartford Steam Boiler (HSB), Munich Re's powerhouse for technology-driven risk management services and a leading provider of equipment and appliance insurance. The service can help U.S. consumers lower home insurance premiums by recognizing the protective capabilities of existing Samsung home appliances connected to the SmartThings[1] platform.
By opting into Smart Home Savings through the SmartThings app, customers let participating insurance carriers know about the protective features of their connected appliances. Homes with appliances that can detect early risk indicators like small water leaks may be recognized as having a stronger safety profile. With the information about which connected appliances consumers have on SmartThings, insurers are aware that a household is equipped with smart appliances capable of identifying issues and notifying its users, and they can apply premium reducing policy credits resulting in lower premiums. This approach not only reduces costs for families, but also demonstrates how technology has the potential to reshape home insurance.
Proven Success With Plans for Expansion
In 2025, Samsung and HSB partnered with major U.S. home-insurance carriers to pilot Smart Home Savings in Florida. While savings will ultimately vary by home, state, and insurance company, early results reveal meaningful premium reductions for many. Based on this success, Samsung and HSB are expanding the program to more U.S. states and will extend availability to Europe and other global regions throughout this year. The program is now publicly available for U.S. Insurance Companies to join.
Aligned with the Home Connectivity Alliance (HCA) Insurance Interface Specification, Smart Home Savings is designed as a scalable open, pro-competitive model, allowing multiple insurers and a growing ecosystem of smart-home brands to participate. This fosters innovation, expands consumer choice and promotes healthier competition across both the insurance and smart-home markets.
"Samsung is committed to delivering practical, everyday benefits through connected-home innovation," said Hyesoon Yang, Executive Vice President and Head of New Biz Team for the Digital Appliances (DA) Business at Samsung Electronics. "Smart Home Savings is designed to help households realize the benefits of personalized smart insurance, and we will continue working with partners to expand safer, smarter living experiences around the world."
"HSB, through our proprietary platform, is helping connect Samsung and insurers to give families access to both protection and affordability," said Greg M. Barats, President and Chief Executive Officer of HSB Group Inc. "A connected home is a safer home, the early results are strong, and we look forward to expanding the service with leading carriers across the US."
About Samsung Electronics Co., Ltd.
Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, digital signage, smartphones, wearables, tablets, home appliances and network systems, as well as memory, system LSI and foundry. Samsung is also advancing medical imaging technologies, HVAC solutions and robotics, while creating innovative automotive and audio products through Harman. With its SmartThings ecosystem, open collaboration with partners, and integration of AI across its portfolio, Samsung delivers a seamless and intelligent connected experience. For the latest news, please visit the Samsung Newsroom at news.samsung.com.
About Hartford Steam Boiler
Hartford Steam Boiler (HSB), part of Munich Re, is a multi-line specialty insurer and provider of inspection, risk management and IoT technology services. HSB insurance offerings include equipment breakdown, cyber risk, specialty liability and other coverages. HSB blends its engineering expertise, technology and data to craft inventive insurance and service solutions for existing and emerging risks posed by technological change. Throughout its 159-year history HSB's mission has been to help clients prevent loss, advance sustainable use of energy and build deeper relationships that benefit business, public institutions and consumers. HSB holds A.M. Best Company's highest financial rating, A++ (Superior). For more information, visit www.hsb.com and connect on LinkedIn.
[1] To use SmartThings features, the SmartThings app must be installed and connected to a wireless network. Feature availability, supported environments and specifications may vary by product. The SmartThings app can be downloaded from the Galaxy Store, Play Store or App Store (Android OS 9.0 or later with at least 3GB RAM or iOS 15.0 or later).
Home appliances connected to SmartThings app enable lower insurance premiums through simple assessment process at no additional cost
LAS VEGAS, Jan. 6, 2026 /PRNewswire/ -- Samsung Electronics Co., Ltd. announced Smart Home Savings, a new service developed with Hartford Steam Boiler (HSB), Munich Re's powerhouse for technology-driven risk management services and a leading provider of equipment and appliance insurance. The service can help U.S. consumers lower home insurance premiums by recognizing the protective capabilities of existing Samsung home appliances connected to the SmartThings[1] platform.
By opting into Smart Home Savings through the SmartThings app, customers let participating insurance carriers know about the protective features of their connected appliances. Homes with appliances that can detect early risk indicators like small water leaks may be recognized as having a stronger safety profile. With the information about which connected appliances consumers have on SmartThings, insurers are aware that a household is equipped with smart appliances capable of identifying issues and notifying its users, and they can apply premium reducing policy credits resulting in lower premiums. This approach not only reduces costs for families, but also demonstrates how technology has the potential to reshape home insurance.
Proven Success With Plans for Expansion
In 2025, Samsung and HSB partnered with major U.S. home-insurance carriers to pilot Smart Home Savings in Florida. While savings will ultimately vary by home, state, and insurance company, early results reveal meaningful premium reductions for many. Based on this success, Samsung and HSB are expanding the program to more U.S. states and will extend availability to Europe and other global regions throughout this year. The program is now publicly available for U.S. Insurance Companies to join.
Aligned with the Home Connectivity Alliance (HCA) Insurance Interface Specification, Smart Home Savings is designed as a scalable open, pro-competitive model, allowing multiple insurers and a growing ecosystem of smart-home brands to participate. This fosters innovation, expands consumer choice and promotes healthier competition across both the insurance and smart-home markets.
"Samsung is committed to delivering practical, everyday benefits through connected-home innovation," said Hyesoon Yang, Executive Vice President and Head of New Biz Team for the Digital Appliances (DA) Business at Samsung Electronics. "Smart Home Savings is designed to help households realize the benefits of personalized smart insurance, and we will continue working with partners to expand safer, smarter living experiences around the world."
"HSB, through our proprietary platform, is helping connect Samsung and insurers to give families access to both protection and affordability," said Greg M. Barats, President and Chief Executive Officer of HSB Group Inc. "A connected home is a safer home, the early results are strong, and we look forward to expanding the service with leading carriers across the US."
About Samsung Electronics Co., Ltd.
Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, digital signage, smartphones, wearables, tablets, home appliances and network systems, as well as memory, system LSI and foundry. Samsung is also advancing medical imaging technologies, HVAC solutions and robotics, while creating innovative automotive and audio products through Harman. With its SmartThings ecosystem, open collaboration with partners, and integration of AI across its portfolio, Samsung delivers a seamless and intelligent connected experience. For the latest news, please visit the Samsung Newsroom at news.samsung.com.
About Hartford Steam Boiler
Hartford Steam Boiler (HSB), part of Munich Re, is a multi-line specialty insurer and provider of inspection, risk management and IoT technology services. HSB insurance offerings include equipment breakdown, cyber risk, specialty liability and other coverages. HSB blends its engineering expertise, technology and data to craft inventive insurance and service solutions for existing and emerging risks posed by technological change. Throughout its 159-year history HSB's mission has been to help clients prevent loss, advance sustainable use of energy and build deeper relationships that benefit business, public institutions and consumers. HSB holds A.M. Best Company's highest financial rating, A++ (Superior). For more information, visit www.hsb.com and connect on LinkedIn.
[1] To use SmartThings features, the SmartThings app must be installed and connected to a wireless network. Feature availability, supported environments and specifications may vary by product. The SmartThings app can be downloaded from the Galaxy Store, Play Store or App Store (Android OS 9.0 or later with at least 3GB RAM or iOS 15.0 or later).
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Samsung Electronics Collaborates With Hartford Steam Boiler (HSB) To Introduce Smart Home Savings
SINGAPORE, Jan. 7, 2026 /PRNewswire/ -- Influential Brands® proudly announces its upcoming 2026 Gala Event and Award Ceremony, set to take place on 6th April at the Fullerton Hotel. Marking its 14th year of honouring business leadership, the event will gather distinguished brands, employers, sustainability champions and top business leaders from across Asia.
A Legacy of Celebrating Asia's Champions of Excellence
With an awardee portfolio of over 500 of the most influential companies in Asia, Influential Brands® has established itself as a trusted platform for promoting and celebrating business excellence in Asia. Over the years, Influential Brands® has recognised prominent companies and industry shapers from Singapore, Malaysia, Thailand, Indonesia, the Philippines, China and beyond, fostering a strong community of forward-thinking leaders.
Award Categories Guided by Data and Meaningful Insights
Influential Brands®, headquartered in Singapore, employs a rigorous set of quantitative and qualitative research methodologies to identify the region's top performers in branding, talent engagement, sustainability and business leadership.
Each award under the Influential Brands® umbrella is grounded in comprehensive, ongoing research involving inputs from over 25,000 consumers, 50,000 employees and sustainability assessments and leadership reviews aligned with global standards.
Commitment towards employee engagement and positive workplace culture: Top Employer Award
As the labour market grows increasingly competitive and talent expectations continue to evolve, companies must distinguish themselves through genuine commitment to people and culture. In this landscape, recognising exemplary employers becomes essential, which is why the Top Employer Award highlights organisations that excel in creating meaningful, engaging and future ready workplaces that attract and retain the right talent.
Ms. Tan Chee Wei, Chief Human Capital Officer of SATS Limited said: "I am honored that SATS has been recognized as a 2025 and 2026 Asia's Top Employer, which is a fitting validation of our unwavering commitment to our greatest asset; our people. We will continue to build fulfilling careers together, show appreciation for one another and make meaningful contributions as we power a connected world of trade, travel and taste."
The 2025 and 2026 Top Employer Awardees include industry leaders such as Agency for Integrated Care (AIC), Accenture, CIMB Singapore, Koufu, NTUC LearningHub, WorkJoy, MoneyHero Group, SATS, Mandai Wildlife Group, HOYA Electronics, SP Group, Singtel Group, ShopBack, EtonHouse Group, UOL Group among other companies that have been endorsed by their employees as exemplary workplaces. A Top Employer company demonstrates exceptional standards in culture, engagement and employee support in Singapore and across the region.
Mr. Marcus Heng, Group Chief Human Resources Officer of Mandai Wildlife Group says, "What an honour to be recognised as a Top Employer. We are driven by a deep sense of purpose to protect wildlife, preserve nature, and create meaningful experiences that connect people with the natural world. This accolade is a testament to the passion, dedication, and care our employees bring every day. When our people find meaning in their work, they show up as their best selves and create exceptional experiences for others. As we continue to grow, we remain committed to fostering a workplace where every individual feels empowered to learn, contribute, and make a positive impact on our planet."
Recognising outstanding ESG stewards in Asia: Top Sustainability Award
In an era where stakeholders are more conscious of corporate behaviour than ever before, companies are judged not only on what they offer but on how they operate. Stakeholders want assurance that companies are acting responsibly, managing their environmental footprint and contributing positively to communities. The Top Sustainability Award honours companies that exemplify this standard, showcasing leadership through comprehensive ESG disclosures and responsible long term strategies.
The 2025 Top Sustainability Companies include Sustainability Champions such as FairPrice Group, Singtel Group, UOL Group among other prominent companies demonstrating exceptional progress and leadership in ESG transparency and responsible business practices.
Ms. Grace Chua, Chief Sustainability Officer of FairPrice Group said: "We are deeply honoured to receive Influential Brands' Top Sustainability 2025 Award. FairPrice Group's purpose is to make every day a little better for those we serve, and keeping things easy on the planet is a big part of this commitment. Together with our customers, partners, and people, we will continue to do our part in building a greener future for the communities we operate in, one day at a time."
Standing out in the Hearts of Consumers: Top Brand Award
Backed by a robust market survey across Asia with the participation of over 25,000 consumers, prominent brands are named the "Top Influential Brands". From parents, grocery shoppers, tourists to frequent travellers, the survey provides a comprehensive view of consumers' preference in key markets in Asia.
Mr. Lawrence Chan, Group CEO of NETS says, "We're honoured to be recognised as Singapore's Top Influential Brand in Digital Payments. A heartfelt thank you to our customers for your continued support and trust. This award reflects our commitment to helping businesses grow and motivates us to continue connecting communities and empowering lives through what we do."
The Top Brand Awardees include industry leaders such as NETS, FairPrice Group, NTUC LearningHub, Maybank Singapore, MoneyOwl, PRIME, Beijing Tong Ren Tang, Chew's, Yeo's, Eu Yan Sang TCM Clinic, Guardian, Colgate, Avance, How's Catering, Daikin, Popular, 21st Century Healthcare, CaterCo, Farmpride, Lau Pa Sat, Kopitiam, 3 Embers, MODU, DRIM, Biti's, AOz, Hegen, Anytime Fitness, Wells Singapore, hue, Nirvana Asia Group among other companies that have been endorsed by consumers as their prefer brands. The Top Brand Award honours brands that have built enduring resonance with consumers, strengthened by authenticity, relevance and a compelling value proposition across diverse markets.
Ms. Annie Lee, Head of Country Corporate Office Maybank said: "We are honoured to be recognised as the Top Influential Brand under the ASEAN Bank category. This recognition reflects the trust our customers and communities continue to place in us, and reaffirms our commitment of Humanising Financial Services."
Honouring Leaders who integrate purpose into performance: Top CEO Award
A highlight of the Gala Event is the presentation of the Asia's Top CEO Award, an honour reserved for senior leaders who exemplify outstanding business expansion, financial excellence, innovative leadership, and unwavering integrity. Mr. Harpreet Bindra, CEO of HSBC Life, stands among this year's distinguished honourees from the Insurance Services industry.
Interested companies to join the Gala Event on 6th April 2026
Influential Brands® welcome companies that aspire to be recognised for their excellence in leadership, branding, sustainability and human capital to submit their applications by the 27th February 2026. This is an opportunity to join a prestigious community of business leaders and gain recognition as the best in business at the Gala Night on 6th April 2026.
Mr Jorge Rodriguez, Managing Director of Influential Brands®, said, "It is our honour to recognise Business Excellence across Asia. We look forward to welcoming ASEAN business leaders to the Gala Event in April 2026 at the Fullerton Hotel. It will be an evening of celebration, meaningful connections, and shared opportunities for collaboration.".
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Influential Brands® unveils the 2026 Gala Event honouring Asia's finest in business excellence
Influential Brands® unveils the 2026 Gala Event honouring Asia's finest in business excellence
Influential Brands® unveils the 2026 Gala Event honouring Asia's finest in business excellence
