Where loss prevention shows up in the loss run.
Eddy is the managed water-protection service that turns water events into documented incident timelines. Aon's 2023 whitepaper found the system would have positively affected 58% of commercial water loss claims. That is the kind of evidence carriers and brokers can take into a renewal.
Carriers and brokers who recognize Eddy
Why brokers and carriers work with Eddy
Detection alone does not change the loss curve. Eddy combines sensors at every high-risk source with a 24/7 monitoring center, so every alert becomes a confirmed action. Brokers get a documented mitigation story for the renewal. Carriers get verifiable risk reduction in the underwriting file.
- 58% of commercial water loss claims would have been positively affected by Eddy, per Aon's 2023 third-party whitepaper.
- Documented insurance impact: premium reductions up to 20% and deductible reductions up to $150K on monitored programs, with deductible cuts up to 80%, premium cuts up to 25% and $200K–$300K in annual savings documented at individual properties.
- Tiered coverage so clients can match protection to their risk appetite, from alert-only to remote shutoff and full automatic isolation.
- Retrofit and new-build deployments without rewiring. Wireless sensors and gateway-based networks integrate into existing buildings.
Loss prevention across the asset lifecycle
Builder's risk
Eddy protects projects from day one. Northbridge offers a 25% discount on Eddy's smart leak protection system to all of its construction policyholders.
Warranty
Continuous monitoring during warranty catches latent defects before they become claims, and gives the developer a documented record at handover.
Operating buildings
Real-time alerts and supported response keeps loss runs clean. The data trail from a monitored event is more valuable to an underwriter than silence from an unmonitored building.
Eddy's system would have positively affected, to some notable extent, 58% of the total water loss claims incurred.
DOCUMENTED MITIGATION
Every alert produces a Leak Incident Report with timestamps, response times and resolution detail. That is underwriting evidence, not anecdote. Brokers carry it into the renewal conversation.
REDUCED RISK PROFILE
Documented time to dispatch, fewer below-deductible events absorbed by the building's balance sheet and a measurable reduction in claim severity. Carriers see the difference in the loss run.
Common questions from carriers and brokers
An 11-storey condominium in Vancouver dropped its deductible from $250,000 to $50,000 in under a year. A four-building condominium community cut its premium by 25% with no change to deductible. A previously uninsurable 26-storey NYC condominium dropped its premium from $850K to roughly $500K–$600K after a $30K install.
These are documented client outcomes. Marketing collateral uses the conservative framing of 'up to 20% premium savings' and 'up to $150K deductible reductions,' which is supportable across a broader book.
Yes. Every confirmed event produces a Leak Incident Report within 24 hours, covering time to verification, isolation method, response timeline and resolution. Operators can pull a portfolio summary from the Eddy Dashboard for a renewal package.
Carriers and brokers can co-brand collateral, share the Aon whitepaper with policyholders and route insurance-credit conversations through Eddy's insurance team. Eddy also offers existing clients a consultation with an Eddy insurance expert to review terms and prepare broker-ready supporting data at renewal.
Most retrofits run four to eight weeks from contract to monitoring go-live. The system is wireless and does not require trenching or rewiring. Tiered coverage lets clients start at alert-only and add automatic shutoff at any point without replacing the network.