Water damage is a problem that keeps growing. With annual damages reported in the billions of dollars, the risk of water affects properties of all types, and high-rise buildings with multiple tenants/residents the hardest. During construction, it’s one of the most common issues facing the industry, causing significant costs and project delays.
The best way to protect against water damage is utilizing Eddy’s Intelligent Leak Protection and Water Monitoring system – and through our partnership with construction giant PCL, we will be able to bring our system to a larger scale of clients across North America. Our offering will be a part of Job Site Insights (JSI), PCL’s cloud-based smart construction platform that provides a single-pane view into all aspects of work at a jobsite.
Eddy’s deployments combine our smart water monitoring system, which includes LoRaWAN sensors and shutoffs with a real-time dashboard with PCL’s cutting edge JSI platform. As part of our system, PCL clients will be armed with the tools and data for effective resource management, mitigate acute water damage and protect all asset classes against future loss due to water events. Eddy’s system is uniquely advantageous for the MDU and Insurance environments, offering industry-leading connectivity and smart grid integration.
“We are thrilled to work with the innovative and forwarding thinking team at PCL Construction,” commented Travis Allan, CEO and President of Eddy Solutions. “Water damage continues to be a mounting risk, but one that is both controlled and mitigated with our system.”
For more details about PCL and Eddy, please visit their press release here.
Eddy Solutions is an industry leader in leak protection and water monitoring solutions. Our suite of smart products offers a comprehensive water management system for building operators and homeowners that protects, controls, and conserves water. Our products have saved thousands of customers millions of dollars in damages and millions of litres of water waste by continuously monitoring water usage in their properties. For more details, please contact us at 1 877 388 3339 or email firstname.lastname@example.org.
In the dynamic world of property and builder’s risk insurance, the industry faces mounting challenges, particularly from water-related damages, a predominant cause of property claims. This scenario has compelled insurers