Notion is honored and humbled to receive Frost and Sullivan’s 2021 Customer Value Leadership Award in the home monitoring solutions market.
Every year, Frost and Sullivan presents this award to one company that demonstrates excellence in implementing customer-centric strategies and improving ROI for its customers. In a meticulous evaluation process, industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
“Notion is honored to be recognized by Frost & Sullivan as a leader in the DIY home monitoring market. We continue to see the benefits that homeowners and insurers are realizing every day through our easy-to-use smart sensors,” says CEO of Notion, Brett Jurgens.
Notion Empowers Property Owners and Insurance Partners
With a DIY smart monitoring system and data-driven offerings, Notion is on a mission to reduce the complexities and risks of property ownership across the globe. With our customers (partners and users) at the heart of everything we do, we empower homeowners to proactively monitor their home, thus reducing the risk for potential incidents.
Customer ease-of-use is at the core of product design. Notion Sensors can be installed in 15 minutes or less without a professional appointment. With an intuitive app and multi-functional sensors, consumers can receive real-time alerts for opening doors and windows, sounding alarms, water leaks and temperature changes.
Notion also aligns its dynamic data offering to provide value for more than 11 top insurance partners across the globe, and we work closely with each carrier partner to design a smart home program to stand out in a crowded market and meet their specific goals and needs.
According to industry analyst, Nick Baugh, “Similar to how telematics has advanced auto insurance, Notion is positioning itself to help transform the business of home insurance and property services by leveraging data and connecting complementary partners.”
Partners utilize Notion to:
- Drive growth through smart home programs and discounts, and reduce customer acquisition costs by 3X.
- Lower claim size and frequency with real-time alerts for risk-related events
- Improve retention and product stickiness through increased engagement
- Develop more precise calculations on customer risk based on dynamic data
Continued Value for Customers and Partners in 2022
At Notion, we’re proud to improve the property ownership experience and put our customers and partners first in our strategy, roadmap, and offerings. As property owners and insurance carriers continue to look for more ways to monitor homes and businesses, the smart monitoring ecosystem will continue to get stronger and value will continue to grow in 2022 and beyond.