Given the inherent risk of residents living on multiple floors, the risk of water damage is amplified. Avoid costly repairs associated with water leaks and damage.
Due to the massive risks from water, many insurers are raising premiums and/or deductibles, or outright cancelling policies for risky properties.
In major water issues, tenants/residents are often displaced, causing extreme distress, inconvenience, and cost.
Our technology provides insights into leaks and water usage, providing the tools to effectively manage one of the most costly and limited resources.
Head of Construction Innovation, AXA XL
VP Personal Lines, Northbridge
CEO and President, Sovereign Asset Management