Small industries are suffering a lot due to fire incidents.
This Internet of Things (IoT) based device will be helpful in fire information and control.
Insurance company ICICI Lombard has got its patent.
New Delhi. Every year in India there is a huge loss of life and property due to fire incidents. Most of the fire incidents in India are due to some fault related to electricity. The maximum number of such disasters in the industry is due to electrical problems such as voltage fluctuations, overheating, and aging of electrical equipment. India’s leading private non-life insurance company ICICI Lombard has taken a step towards making a fire prevention device to inform the fire caused by electrical disturbances. The company has obtained a patent for a device that will give advance information about fires caused by electrical disturbances.
ICICI Lombard has developed an Internet of Things (IoT) based device to prevent electrical fires. This will be effective in preventing sudden fires due to human errors or equipment malfunctions. This is the first of its kind in the insurance industry. This electric IoT solution is a B2B device designed for SMEs and Corporates.
How will the device work
cnbctv18.com According to a report of the Internet of Things (IoT) based device, this device will monitor power tools and wires etc. It will also detect and report early voltage fluctuations, overheating, and disturbances caused by aging of electrical equipment. Apart from this, it will also work to control it. Arson can be prevented by getting information about fire in advance.
fire incidents increased
Sanjay Dutta, Chief of Underwriting, Claims and Reinsurance, ICICI Lombard said about this patent that the number of fire incidents in commercial and residential buildings is increasing. Infrastructure continues to be a fire hazard across the country, especially in densely populated metropolises. Modern technology is required to manage, plan, monitor and control power distribution to enable a safe and reliable system. This tool will serve as a new risk solution for the customers. He said that small industries are suffering a lot due to fire incidents. Therefore, it has become very important today to make such arrangements so that there is no fire.