KINGSTON, NY, March 25,
2024 /PRNewswire/ - Kingstone Insurance Company, a
subsidiary of Kingstone Companies, Inc. (Nasdaq: KINS), a Northeast
regional property and casualty insurance holding company, today
announced that it has partnered with Zojacks, a pioneering
technology company specializing in water leak detection solutions.
The partnership aims to offer enhanced protection to Kingstone
policyholders, providing a solution to assist them in protecting
their homes and mitigating risks associated with burdensome
water-related claims.
Zojacks offers innovative technology that can monitor
temperature and provide water leak detection, which will shut off
the main water supply in the house, giving policyholders peace of
mind when they are not at home. Through this partnership, Kingstone
policyholders can benefit from cost-saving product packages offered
by Zojacks and can also qualify for insurance policy discounts when
the Zojacks technology is installed in their homes.
"We are pleased to announce our partnership with Zojacks as part
of our ongoing commitment to providing innovative solutions to our
valued policyholders," said Meryl
Golden, Chief Executive Officer of Kingstone Companies, Inc.
"By leveraging Zojacks' advanced technology, we can significantly
mitigate the risks of water damage, offering our customers greater
peace of mind."
As per the partnership agreement, Zojacks will oversee the
execution process while Kingstone will provide benefits to their
policyholders. This collaborative strategy will ensure a speedy and
efficient deployment of the water leak detection systems to
eligible policyholders, making the process streamlined and
maximizing benefits, thus ensuring a seamless customer
experience.
The Zojacks flood detection system is designed to be
user-friendly, and the installation process is hassle-free, with
Zojacks providing installation services. Furthermore, homeowners
will receive guidance on how to use the solution through a
dedicated mobile app, which will facilitate easy monitoring and
management of potential water leaks.
"We are proud to join forces with Kingstone to help safeguard
their policyholders from the devastating effects of water damage,"
said Nate Baldry, President and
Founder of Zojacks. "Our user-friendly solution provides effective
leak detection and ongoing protection for homeowners."
About Kingstone Companies,
Inc.
Kingstone is a northeast regional property and casualty
insurance holding company whose principal operating subsidiary is
Kingstone Insurance Company ("KICO"). KICO is a New York domiciled carrier writing business
through retail and wholesale agents and brokers. KICO is actively
writing personal lines and commercial auto insurance in
New York. Kingstone is also
licensed in New Jersey,
Rhode Island, Massachusetts, Connecticut, Pennsylvania, New
Hampshire and Maine.
About ZoJacks, Inc.
ZoJacks, a North American insurtech firm, specializes in flood
prevention for both residential and commercial properties. Their
primary aim is to minimize water claims and flood risks by
partnering with insurance providers, particularly targeting
high-risk demographics. Additionally, they collaborate directly
with property ownership and management groups to mitigate the
likelihood of unexpected water claim incidents. Their technology
focuses on detecting leaks and extreme temperatures, automatically
shutting off water to prevent damage. Homeowners are promptly
notified through a professional monitoring service, and they can
remotely see and control water flow to the home via a mobile app.
ZoJacks' systems operate on cellular connections and backup
batteries for uninterrupted communication, even during power
outages. Trusted across North
America, ZoJacks technology is recognized for its
reliability. For more information on Zojacks technology and
partnerships, visit www.zojacks.com.
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SOURCE ZoJacks Inc.