Phyn to be Made Available to PURE Members to Help Protect Their Homes from Water Damage

Phyn Plus whole home water monitoring device to be offered to PURE members at a discount

Los Angeles February, 26 2018 – Phyn, the leading intelligent water company, today announced that it will offer the members of Privilege Underwriters Reciprocal Exchange (PURE), the member-owned property and casualty insurer designed for high net worth individuals and families,  the Phyn Plus, Smart water assistant + shutoff.

With water damage being one of the most frequent and costly insurance claims, the partnership provides PURE members with one of the leading solutions and premium protection for their homes and valuables. Phyn Plus will be made available to all PURE members at a discount.

“We are committed to helping our members prevent loss by providing access to some of the best risk management solutions on the market, like Phyn,” said Robert Jerram, AVP Risk Management Western Zone at PURE.

Installed on a single location on the main water line, Phyn Plus protects and monitors a home’s entire plumbing system by automatically detecting water leaks and plumbing issues. In the event of a catastrophic leak, the device shuts off the main water supply to prevent costly damage. Phyn Plus can also warn homeowners before their pipes have a chance to freeze, mitigating a leading cause of water damage in cold climate homes. The device also monitors water use, giving homeowners unprecedented insight into their water consumption so they can conserve and save money.

“Phyn Plus will deliver a powerful impact, added security and peace of mind to PURE members across the board,” said said Mariel Devesa, Global Head of Business Development at Phyn. “Phyn will help protect against the colossal stresses and financial pitfalls of water damage. We are delighted to work with PURE and believe this highlights Phyn’s position as the most trusted and reliable smart water solution for homeowners.”

About Phyn

Phyn is bringing intelligent water solutions to market that help people protect their homes, conserve water and save money. Built upon nearly a decade of research and patented technological innovation, Phyn is poised to change the way consumers interact with water and help solve the major challenges threatening the world’s supply of clean, healthy water. Phyn is backed by Belkin International, a global leader in consumer technology, Networking, Smart Home and Smart City, and Uponor, a leading provider of plumbing for residential and commercial spaces worldwide with North American headquarters located in Apple Valley, Minnesota. The parent company Uponor Corporation is listed on Nasdaq Helsinki, Finland. Phyn is headquartered in Torrance, California. To learn more, visit www.phyn.com.