Panasonic, Allianz partnership shows early signs of success in terms of consumer adoption

Panasonic, Allianz partnership shows early signs of success in terms of consumer adoption
The smart home venture between Japanese multinational electronics conglomerate Panasonic and global insurer Allianz Assist are beginning to pay off in terms of their growing subscriber base, reports said earlier this week.

Last year, the two companies announced a strategic partnership to take advantage of Europe's growing professional security market, according to a recent press release by Allianz.

To further ride on their success, the two companies recently unveiled their smart home starter kits consisting of a low-cost, around-the-clock monitoring service supported by Allianz Assist, of which it comprises of an array of devices, including water leak sensors, hubs, window/door sensors, remote, and so forth.

These are connected via the Ultra Low Energy (ULE) standard to a central hub located in the home or property. The hub is securely linked to the Allianz Global Assistance (AGA) 24/7 customer hotline.

The starter kits are available in three different packages, with price tags ranging from 199 euros to 299 euros.

Presently only available in Germany, the Panasonic Smart Home and Allianz Assist service connects Panasonic's Smart Home monitoring and control system with home protection services, provided by Allianz Global Assistance, the assistance subsidiary of Allianz Worldwide Partners.
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