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RiskTech Solutions

Loss Prevention Technology Services for Builder's Risk

IoT Loss Prevention Solutions for Owners and Contractors

Contractors and owners can take charge of their loss control technology needs by engaging the expert team at Insight Risk to handle all aspects of systems design, procurement, deployment, and monitoring.
 
Whether environmental sensors to detect water, changes in temperature, humidity, and other conditions, or sophisticated site-wide security solutions, Insight Risk provides efficient, white glove services that minimize client direct involvement and frictional costs while maximizing protection from unforeseen events such as water damage or even fire.
RiskTech services can be obtained as part of Insight Risk's unique bundled Builder's Risk insurance package, or, for clients wishing to maintain existing carrier relationships, through a standalone model. In either case, clients receive:
  • Quotation based on specific needs using pre-approved technology vendors and solutions.
  • Customized Damage Prevention and Response Plan.
  • Installation by Insight Risk's experienced technology team.
  • 24/7 monitoring with instantaneous notification of potential loss events.
  • Periodic reports including alert details, estimates of averted losses, and other risk control findings.
  • Deactivation upon project completion.
  • Comprehensive close-out report with analytics.
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The Insight Risk Advantage

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Innovative Underwriting

Loss-cost first, granular underwriting produces competitive quotes tailored to specific customer needs and exposures, including the impact of deploying risk mitigation.
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Instant Alerts

Environmental sensor and site security solutions provide instant alerts to promote rapid response and resolution of potentially serious events such as water leakage or rapid temperature change.
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Time & Cost Optimization

Our technology deployment model optimizes hardware, monitoring, and management costs and promotes premium and deductible benefits.
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White Glove Service

With experience on hundreds of technology deployments, our specialists deliver exceptional, value-added services from project inception to close-out.
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Risk Engineering

We offer customizable site-wide loss control surveys during the technology installation and activation process.
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Reporting & Analytics

Reports including alert details, estimates of averted losses, and risk insights are provided to learn additional ways to manage risk more effectively.

Serving a Broad Range of Commercial Construction Occupancies

Insight Risk offers RiskTech services on ground-up construction projects, renovations, and existing structures in a variety of industry segments:

  • Commercial
  • Retail
  • Healthcare / Life Sciences
  • Educational
  • Institutional
  • Hospitality
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White Glove Service at Every Step

From submission to close-out, Insight Risk focuses on the needs of its stakeholders, placing emphasis on service and creating value throughout the construction process. 

Our unique and proprietary methodology enhances the underwriting process by incorporating loss prevention technologies in each quote, all administered by our experienced team of technology specialists.   

 

Flowchart outlining the overall process for obtaining IoT loss control technology through Insight Risk.
Project Spotlight:

Luxury Hotel in Indiana

When the owners of a $550M hotel project were required by their insurance carrier to install water damage protection technology, they reached out to Insight Risk. After understanding their specific requirements, our team designed and installed a tailored solution including water and humidity sensors and water flow meters, enabling the owners to meet their insurance requirements and manage their risk exposure with confidence.
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Let's Talk

Whether you’re a contractor, developer, risk manager, broker, or carrier, reach out to discuss how we can work together to reduce losses and keep job sites moving.

Get in Touch
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