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32% of smart home device buyers note that incentives, discounts, or rebates from insurance provider are triggers to purchase smart home devices

CONNECTIONS™ sessions feature visionary executives from Nice, Hippo, Notion, and Chubb 

Parks Associates will host the CONNECTIONS™: The Premier Connected Home Conference virtual sessions, Europe and the Smart Home and Insurance and Smart Home, on November 10 featuring executives from Nice, Hippo, Notion, and more. The research firm shows continued growth of smart home devices across US and Europe, driven by enhanced safety and security value propositions along with cost-saving incentives. Nearly one-third of smart home device buyers in the US note that incentives, discounts, or rebates from their insurance provider triggered them to purchase smart home devices.

Event sponsors include, Calix, Cox Communications, SmartRent, Xfinity Home, Bitdefender, Johnson Controls, Notion, Tuya, Ayla Networks, Plume, and Airties. The two sessions examine new value propositions driving adoption in European market and the role of partnerships and strategies between traditional home service providers and hardware providers.

The two sessions feature the following executive speakers:

“The connected home – both regionally and globally – has undergone a paradigm shift,” said Juan Pablo Boz, Group Chief Marketing Officer, Nice. “As a result, the industry is witnessing barriers that previously separated and defined the connected home in specific regions begin to dissolve. Technology, solutions, and products that were previously niche or unavailable to Europe or other countries are now more readily available. The industry is experiencing a cross-pollination between countries, regions, and adjacent industries, which is reinforcing the positive trend of increased demand of connected home, security, and home automation solutions. The factors driving adoption are evolving on a global scale, making it a very exciting time to be a thriving member of the industry.”

“Smart home devices are having a massive impact not only on home ownership, but also the transformation of traditional property insurance,” said Brett Jurgens, CEO of Notion, a Comcast Company. “It’s a very exciting time in the connected home space as both homeowners and insurers realize both the risk reduction and cost saving incentives of this technology.”

Session panelists:

  • Tali Chen, Chief Business Officer, DSP Group
  • Markus Henkelmann, Director Smart Residential Products Yale EMEIA, ASSA ABLOY GROUP
  • Adam Kornick, President, Insurance Division, Porch
  • Aleem Lakhani, Executive Vice President, US Specialty Risk, AmTrust
  • Roel Peeters, CEO and Co-Founder, Roost
  • Chris Viatte, CEO & Founder, Mila AG
  • Matt Wolf, Head of Partnerships, SimpliSafe

“The European smart home market is one that’s constantly evolving, and the same can be said about our consumers’ needs and expectations,” said Markus Henkelmann, Director Smart Residential Products Yale EMEIA, ASSA ABLOY GROUP. “The modern consumers of today seek convenience and flexibility in everyday life. They look for interoperable solutions that will work together to provide additional security and a seamless user experience. As a brand that places continuous innovation and consumer needs at the core of our business, we welcome the change and view it as a major opportunity for growth!”

“In five to ten years, the average home will have up to 50 connected devices, and subscription-based services will manage everything from new device integration to scheduled battery changes,” said Chris Viatte, CEO & Founder, Mila AG.

“The smart home industry is at the beginning of a transformative period, as it becomes more closely rooted in home insurance products to bring homeowners protective benefits,” said Dave Wechsler, VP Growth Initiatives at Hippo. “We predict that this area of the market will grow significantly through devices, data, and services, and our aim at Hippo is to use these solutions to provide our customers with more proactive protection options and a new level of preventative care for their homes."

"This is an exciting time for smart home adoption as dramatic improvements in voice and sensor processing, wireless connectivity, and artificial intelligence (AI) at the edge are advancing security, low power, full-home coverage, user privacy, and device ease of use,” said Tali Chen, Chief Business Officer and DSP Group. “These are critical advances as users upgrade to accommodate an era of office-home/work-play environments that demand a seamless and secure user experience and I look forward to discussing the implications in more detail at the event.”

For 25 years, CONNECTIONS™ has brought together thousands of industry players from the consumer technology ecosystem for networking opportunities, consumer and industry research from the Parks Associates analyst team, insights from visionary speakers, and thoughtful, curated sessions focused on technology innovations, consumer behavior, and product and service adoption and trends.

To request data or an interview, contact Rosey Ulpino,, 972-490-1113.


Parks Associates' 28th annual CONNECTIONS™: The Premier Connected Home Conference is hosted May 7-9, 2024, in Plano, Texas, and brings industry leaders together to provide insights and business forecasting about the adoption of technology including broadband, smart home, security, connected health, energy, and home automation.

CONNECTIONS™ provides ongoing insights throughout the year with virtual and in-person conference sessions. Parks Associates' analyst team leads the conference sessions, which are focused on technology innovations, consumer adoption and trends, product and service forecasts, and the evaluation of new business strategies, partnerships, monetization opportunities, and value-added service design.

CONNECTIONS™ is a pivotal platform for partnerships and exploring the future of technology adoption and its impact on consumers and businesses.