Electric water heaters are routinely replaced by claims on comprehensive residential insurance policies.
Insurance service providers procure and install a major proportion of residential electric water heaters in South Africa. Hundreds of thousands of water heaters are being replaced every year, over half of which are due to units being out of the manufacturer’s warranty period.
This presents a major opportunity for our insurance partners to drive down claim costs – becoming a key partner in delivering sustainable smart hot water at scale.
Failure of water heaters presents the lowest cost opportunity for policyholders to switch to a solar PV-ready, sustainable, connected water heating ecosystem.
Replacement of failed geysers with Elon Smart Water dramatically accelerates the rollout of sustainable hot water in South Africa. Learn about the hot water crisis in numbers.
Bringing the geysers you insure into the digital age. Creating a consolidated ecosystem of sustainable, connected devices.
Helping you as insurer reduce risk, mitigate costs & improve service quality for the people you cover- ultimately improving customer experience.
Revolutionise the way you replace and retrofit.
The Elon Smart Water Solution brings major benefits to insurance providers– an easy retrofit turns existing standard electric geysers into connected, manageable devices.
Early alerts and predictive maintenance make for reduced risk and an improved overall experience for insurers and their clients alike.