Monnit Premieres Reliable Insurance IoT Solution

Business Wire

SALT LAKE CITY--(BUSINESS WIRE)-- Monnit Corporation (monnit.com) today announced the launch of the ALTA Insure^™program. The partnership program promotes collaboration with insurers and leverages Monnit’s award-winning ALTA^® wireless sensor platform. ALTA Insure allows insurers to further differentiate themselves by presenting a more comprehensive loss-management solution. The platform can also help insurers lower premiums in an increasingly competitive market.

“Monnit has provided remote monitoring to insurance firms since our beginning,” said CEO Brad Walters. “As they have worked with diverse businesses, our wireless veterans have developed an IoT solution that is reliable, long-range and extremely secure.

“Two things are imperative to a remote monitoring solution: the reliable collection of accurate readings and the secure transmission of those readings to the cloud for monitoring and alerts. ALTA is the best solution to achieve both of these objectives with the utmost simplicity, security, reliability and economy.”

“Few industries can benefit so greatly from the advantages of an enterprise-grade remote-monitoring solution," said Vice President Nick Mecham. “From re-insurers to individual brokers, insurance loss prevention is all about low-cost, high-reward solutions. We have proven ourselves in this arena, and we look forward to many new partnerships and collaborations.”

ALTA products offer four times the wireless range of competitors’ hardware—1,200+ feet, non-line-of-site. They also offer superior battery life—12+ years on two AA batteries. Additionally, ALTA products transmit data with bank-level security and have onboard memory for data as well as over-the-air updates—for remote maintenance and feature enhancements. Monnit believes a customer’s data is their property: they can access it from anywhere via online portal or export it to any software.

Monnit’s IoTvantage partner program allows business partners to private label the platform. Customized kitting, product development and software are also available to help tailor the platform to an organization’s needs.

About Monnit Corporation

Monnit is the industry-leading innovator in developing self-installed, cost-effective wireless sensor solutions for commercial and industrial markets. Enterprise and SMB customers use Monnit sensors to remotely monitor 60+ variables (including temperature, motion, humidity and vibration) and receive alerts based on user-defined conditions. Products are fully tested for use anywhere in the world; they are FCC, CE and IC compliant. Find your Monnit monitoring solution at monnit.com.