Aviva has agreed to buy a majority stake in home protection platform provider backed by its own corporate venturing fund as well as Munich Re.
Insurance provider Aviva has agreed to pay an undisclosed sum for a majority stake in Neos Ventures, a UK-based insurance technology developer backed by its corporate venturing unit, Aviva Ventures.
Founded in 2016, Neos Ventures offers a home protection service that combines home insurance with connected devices such as monitor sensors, indoor security cameras and fire alarms.
The system includes a mobile app that allows users to monitor their homes, protect property against theft, fire and water damage, and access…
