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American National Adds Ting Sensor Program to Help Prevent Fires from Electrical Hazards

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American National has introduced a new Internet of Things (IoT) property loss prevention service, Ting, aimed at monitoring electrical fire hazards. This service will be part of the Special Farm Package 10 upon renewal in 2022. Ting utilizes a wall-plugged sensor to provide real-time monitoring and alerts for potential electrical dangers. Clients will also receive a service credit of up to $1,000 for repairs if issues are detected. This innovative service underscores American National's commitment to enhancing client security in the insurance sector.

Positive
  • Introduction of Ting service enhances property loss prevention for farm clients.
  • Real-time hazard monitoring promotes safety and reduces risk of electrical fires.
  • Up to $1,000 service credit offered for repairs, incentivizing customers.
Negative
  • None.

Ting Endorsement Added to Special Farm Package 10®

ALBANY, N.Y., Feb. 08, 2022 (GLOBE NEWSWIRE) -- American National has announced a new Internet of Things (IoT) property loss prevention service provided by Ting. This service utilizes a sensor and connected technologies to monitor for electrical fire hazards, such as arcing, that is typically caused from damaged or deteriorated wire insulators or loose electrical connections. The sensor service is being offered as a part of an endorsement to the Special Farm Package 10 upon renewal. Ting is a total home intelligence electrical fire protection monitoring plug-in device and service that will be available to our farm and ranch clients in 2022. American National is a leader in the industry by being the first to use this approach to align sensor technology with client loss prevention within an insurance product.

“We’re excited to partner with HSB, along with Whisker Labs, maker of Ting,” said Tracy Hamel, Vice President, P&C Product Management for American National. “Fires are devastating. The use of technology to help reduce the risk of electrical fire is innovative and offering it as part of an endorsement to a policy is truly groundbreaking. It is the future of the industry. Providing security to our clients has always been a mission of American National and this continues that legacy.”

Using a sensor that plugs into the wall and Wi-Fi, Ting monitors the electrical network in real-time and issues text and phone alerts to homeowners if an electrical hazard is detected. American National offers a Ting service credit of up to $1,000 to cover cost of repairs if an electrical hazard is detected and an electrician repairs the hazard. In addition, a credit will be applied to premiums to help offset the cost of the Ting service.

About American National
American National Group, Inc. is the parent company of the American National companies, which include American National Insurance Company and its insurance affiliates. American National Insurance Company, founded in 1905 is headquartered in Galveston, Texas. American National companies offer a broad line of products and services, which include life insurance, annuities, health insurance, credit insurance, pension products and property and casualty insurance for personal lines, agribusiness, and certain commercial exposures. The American National companies operate in all 50 states, but certain products and services may not be available in all states. For corporate and investor relations information, please visit the website of American National at www.AmericanNational.com.


FAQ

What is the new service introduced by American National in 2022?

American National introduced the Ting service, an IoT property loss prevention service for monitoring electrical fire hazards.

How does the Ting service work?

Ting uses a sensor plugged into the wall to monitor the electrical network in real-time and alerts homeowners of hazards.

What benefits do clients receive from the Ting service?

Clients can receive a service credit of up to $1,000 for repairs if an electrical hazard is detected.

In which insurance package is the Ting service included?

The Ting service is included as an endorsement to the Special Farm Package 10 upon renewal.

When will the Ting service be available to clients?

The Ting service will be available to American National's farm and ranch clients in 2022.

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