Water monitoring systems for insurance companies - Banking & Finance / Insurance / Legal
Water claims are on the rise for insurers everywhere. Traditional water monitoring solutions are too expensive and not scalable. Now, with Alert Labs sensors insurance carriers are ending the cycle of: flood, claim, repeat.
Alert Labs sensors provide cutting-edge, 24/7 monitoring and alerts for the most common causes of water loss. Sensors are cellular connected, low cost, install without tools, and provide additional value and insights to policyholders improving their customer satisfaction and loyalty.
We all know that response time to a flood situation is critical for minimization of claims. With our sensors, policyholders are informed of what`s happening at their properties. They can take proactive steps when emergencies occur, minimizing or eliminating claims altogether.
Our proven systems demonstrate real savings for the insurer with very fast payback.
With a DIY install that takes just seconds, our water sensors can be deployed by anyone without tools or plumbing expertise.
Unlike devices that rely on WiFi, Alert Labs sensors use a cellular connection to send alerts 24/7 even in a power outage. Properties are always connected and protected no mater what`s happening outside.
- Monitor the power on status at your properties
- No need for WiFi pairing — Flowie uses a cellular connection with no contracts
Our sensors work in residential and commercial properties, monitoring for all water related problems.
- Leaks
- Floods
- Pipe Freezing
- Power Outages
- Humidity
Real-time water use monitoring reduces water bills 18% on average. Algorithms benchmark normal water use and detect unusual water activity that can also cause damage such as leaky plumbing fixtures. Policyholders get peace of mind when they know their property is protected.
- Intermittent leaks
- Continous leaks
- High water usage
- Gain insight into the risk types and water loss claims
- Support the growing demands of connected policyholders
- Use the devices and data to protect against recurring losses and future claims
- Understand homes that may exhibit leading indicators for other risks like theft and fire
