Smart phones and tablet computers are not just for texting, talking and watching videos. An increasing number of software applications (apps) for these devices, and other technologies not involving mobile devices, help businesses prevent losses and cut their insurance costs.

Mobile devices can now connect to business security systems. Many security equipment vendors offer apps that give business owners instant information when they’re away from the premises. For example, the system may send a text alert to a smartphone if a security camera picks up sudden movements. Others may stream videos from security cameras to the smartphone, enabling the owner or personnel to keep an eye on the premises during off hours.