Network Effect: From Protecting Homes to Preventing Grid Faults
Description
What if the same sensor protecting your home from electrical fires could also help prevent billion-dollar wildfires that devastate entire communities? That's the fascinating premise explored in the latest episode of the Predict & Prevent podcast, where host Pete Miller welcomes back Bob Marshall, CEO and co-founder of Whisker Labs, for a conversation about how individual home protection is evolving into grid-scale catastrophe prevention.
In this conversation, Pete and Bob discuss the growth and impact of Ting, a home monitoring system developed by Whisker Labs. They explore the rapid deployment of Ting in over a million homes, its effectiveness in preventing fires, and new research that demonstrates the positive ROI for insurance carriers. Bob shares insights on how Ting's growing network and data can help utilities monitor grid stress and prevent wildfires. The discussion also touches on the future of Whisker Labs, potential expansion into commercial structures, and the importance of changing the relationship between insurance companies and homeowners through proactive safety measures.
Resources:
Whisker Labs: https://www.whiskerlabs.com/
Research on value of IoT to Homeowners, Insurers: https://www.whiskerlabs.com/how-effective-are-loss-prevention-programs-for-insurers/
Bob Marshall on Episode 2 of Predict & Prevent: https://www.predictandprevent.org/podcast/hidden-dangers-uncovered/
The Institutes: https://global.theinstitutes.org/
Predict & Prevent website: https://www.predictandprevent.org/
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