water leak management

Effective Leak Mitigation Strategies for Buildings. A Proactive Approach to Managing Risks.

In the face of escalating water damage incidents, both in frequency and associated costs, the urgency for implementing effective leak mitigation strategies in buildings has never been more critical. This growing concern, underscored by the insurance industry’s alarming reports, highlights an undeniable reality: water damage, driven predominantly by issues in domestic plumbing such as corroded […]

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Water Damage is Increasing – What Buildings Need to Know

Water damage, now eclipsing fire and theft risks, presents an escalating challenge to high-rise buildings, threatening their structural integrity and financial stability. With insurance claims costs soaring to over 60% due to water incidents, the urgency for effective mitigation strategies has never been clearer. This article explores the depth of the water damage crisis and

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Eddy App Screenshot Background Image

NEW MY EDDY APP!

Announcing the launch of our updated app, with enhanced features and a new look! At Eddy, we are committed to protecting your home from water damage. Our tools help all types of homes and properties identify issues, monitor usage, and take corrective action. Our team of experts is revolutionizing risk management in buildings and homes,

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Smart Buildings and Smart Homes

Investing in Smart Buildings – The Living, Breathing Structures

While state and city governments are striving to invest in IoT and smart city technology that deliver energy efficiency, smarter governing solutions, and convenience to their citizens, who else can contribute and how? During Eddy’s IoT PropTech Summit 2020, a panelist remarked that smart construction leads to smart buildings and smart buildings to lead to

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Smart Buildings - Prevent water damage

Stay Ahead, Stay Smart!

Whether you live in a condo or a single-family home, the potential for water damage is real and the issue is a serious one. According to TD insurance, 40% of insurance claims[i] are due to water damage. In addition to significant damage and repairs, water leaks often result in higher water utility bills[ii], as accumulated

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