HSB Sponsors IoT Lab at University of Hartford

• IoT lab located within a new advanced engineering building
• UHart students will train with sensors and connectivity
• HSB gift encourages students to pursue careers in technology

HSB, a specialty insurer and provider of technology services, will sponsor an Internet of Things (IoT) laboratory within the University of Hartford’s new advanced engineering and health sciences building, the company announced today.

The IoT lab, located in the 60,000-square-foot Hursey Center set to open by the end of August, will enable the university to expand and create new IoT programs that give students practical learning experiences related to sensors, connectivity and data analysis.

“In today’s connected world, technology plays a key role in developing solutions for business, the home and the community,” said Greg Barats, president and chief executive officer of HSB, part of Munich Re. “We’re excited to help University of Hartford students explore IoT technologies that will prepare them for the jobs and challenges of the future.”

The university’s new academic facility will house classrooms and labs to advance its growing engineering and health professions programs. The IoT lab will be equipped with smart technology and capabilities with support from HSB’s IoT specialists.

The IoT lab will give HSB an opportunity to help shape the development of the University of Hartford’s IoT program and curriculum and encourage students to pursue careers in technology-related industries in the greater Hartford area and Connecticut.

"We are grateful for the support of HSB in preparing our students for jobs in this thriving industry," said University of Hartford President Gregory Woodward. "The IoT lab is a highlight of The Hursey Center, a learning space that will allow our students to experience and learn the skills necessary to be the world’s future health practitioners, engineers, inventors, and entrepreneurs."

HSB Applied Technology Solutions provides IoT sensor services and other innovative technologies to predict and prevent loss and optimize operations for more than twenty different business classes, including higher education.

As part of its research and development efforts, HSB Applied Technology Solutions conducts pilot sensor programs in the Hartford area and around the country, including the University of Hartford campus, to test new sensor technologies and improve HSB’s proprietary algorithms.

The IoT partnership with the University of Hartford is part of HSB’s ongoing commitment to insurtech initiatives, which develop new technologies for the future of insurance.

HSB, part of Munich Re, is a multi-line specialty insurer and provider of inspection, risk management and IoT technology services. HSB insurance offerings include equipment breakdown, cyber risk, specialty liability and other coverages. HSB blends its engineering expertise, technology and data to craft inventive insurance and service solutions for existing and emerging risks posed by technological change. Throughout its 150-year history HSB’s mission has been to help clients prevent loss, advance sustainable use of energy and build deeper relationships that benefit business, public institutions and consumers. HSB holds A.M. Best Company’s highest financial rating, A++ (Superior). Connect with HSB on LinkedIn, Twitter and Facebook.

Munich Re is one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions. The group consists of the reinsurance and ERGO business segments, as well as the capital investment company MEAG. Munich Re is globally active and operates in all lines of the insurance business. Since it was founded in 1880, Munich Re has been known for its unrivalled risk-related expertise and its sound financial position. It offers customers financial protection when faced with exceptional levels of damage – from the 1906 San Francisco earthquake through to the 2019 Pacific typhoon season. Munich Re possesses outstanding innovative strength, which enables it to also provide coverage for extraordinary risks such as rocket launches, renewable energies, cyberattacks, or pandemics. The company is playing a key role in driving forward the digital transformation of the insurance industry, and in doing so has further expanded its ability to assess risks and the range of services that it offers. Its tailor-made solutions and close proximity to its customers make Munich Re one of the world’s most sought-after risk partners for businesses, institutions, and private individuals.

Hartford, Connecticut, August 12, 2021

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P.O. Box 5024
Hartford, Connecticut 06102-5024
United States

www.hsb.com