Insurance claims

US Market: Leakbot Teams Up With SageSure

LeakBot, the smart water leak alarm, is today announcing that it has completed its first successful deployment in the USA in partnership with technology-driven managing general underwriter SageSure. The agreement reflects growing momentum of LeakBot’s expansion, […]

Household Insurance

Floods Are Quite Rare, In-House Leaks More Common

No, not the latest scandal from Whitehall, but an interesting survey from Leakbot; A study by LeakBot has revealed that 20% of surveyed homeowners had experienced 3 or more water leaks in houses they had […]

Insurance claims

Covea Begins Roll-Out of Leakbot Devices

IoT-enabled water leak detector, LeakBot, has announced that it has established a new deal with leading insurance underwriter, Covéa Insurance, to begin rolling out LeakBot devices to Covéa’s High Net Worth customers across the UK through its […]

Global insurance trends

Bdeo Looking to Automate Property Claims

Bdeo, an insurtech leader in visual intelligence for auto insurance providers, has launched its breakthrough technology for property insurance providers. Managing property claims can now be helped by technology, such as water leak detectors, heat […]

News

Ultrasound Scanning Could Help Detect Water Leaks

With water damage proving to be one of the most frequently reported insurance claims in buildings, the latest in ultrasound technology offers a promising solution to address escalating pay-outs. According to ABI, insurers pay out […]

UK Insurance Trends

L&G Supporting New Smart Building At Midlands Campus

The construction of Birmingham’s first smart-enabled building, Enterprise Wharf, is now underway at the Innovation Birmingham Campus. Established in 2018 in a joint venture between leading regional property company Bruntwood and Legal & General, Bruntwood […]

Flood Insurance

Sedgwick Teams Up With CIWEM on Flood Response

Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions is pleased to announce a strategic partnership with the Chartered Institution of Water and Environmental Management (CIWEM) to help design, develop and deliver accredited Property […]

Insurance claims

How Does a 70% Reduction in EOW Claims Sound?

Water damage poses a disastrous threat to homes and is a significant cost driver across Europe for property insurers. Insight from the ABI suggests that insurers in the UK are paying out £1.8 million every […]