twingz provides damage prevention and energy management services by analyzing electricity and water meter data. Through data disaggregation and machine learning based pattern recognition, twingz makes power and water consumption transparent, controllable, predictable and safe. twingz services help prevent fire and water damage, reduce payouts for insurers and offer a continuous value to their clients.
twingz services contribute to the industry-wide transition from damage regulation to damage prevention. With their predictive analytics they detect anomalies in consumption patterns and issue warnings on imminent damage and malfunctioning accordingly. By providing fire and water damage prevention services the number of claims can be reduced, while simultaneously opening a communication channel and continuous value delivery to end consumers’ life’s.
During a successful pilot with Delta Lloyd, now Nationale Nederlanden, a number of potential fire incidents were alerted for and customer engagement increased substantially. twingz has participated in the W1 Forward Insurtech accelerator and has won several awards in the past among which are the Salzburg AG Innovation Challenge, the Verbund Energy Challenge and the 2nd Place on the EWE Enera challenge.
How it works
twingz reads out any type of flow meter, runs its predictive analytics engine, which automatically detects appliances and l">
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