Case Study: VYRD protects Florida homeowners with Supercharge's IoT insurance platform

VYRD avoids $6m in damage in 12 months with Supercharge

VYRD, a new Florida homeowners insurance carrier, faced the challenge of rapidly building a market-ready digital platform to serve a difficult market characterized by high fraud and operational costs. They partnered with Supercharge to develop an IoT-driven home insurance platform in time for hurricane season.

Supercharge implemented an intuitive self-service portal with complex integrations and a multi-provider IoT device strategy, including water leak sensors. This solution established a centralized data warehouse and provided automated reporting. The measurable impact for VYRD was $6M in avoided damages within 12 months, alongside reduced claim volume and severity.

VYRD