Name
Workshop: How to mitigate water damage risks and why should risk managers care?
Description

Water is a major cause for property damages with tens of billions of GBP in annual costs. Water in buildings has not only become one of the biggest sources of losses, but also a significant source of loss ratios – accounting for 30% in builder’s risk policies. In Property and Casualty (P&C) it’s the third biggest cause of losses. In addition, deductibles have risen from tens of thousands of pounds four years ago, to between a quarter of a million and up to a full million these days. Learn how intelligent water management solutions can detect leaks and prevents water damage in real-time. In this workshop, WINT Water Intelligence will present a joint study with Munich Re comparing sites that used AI-based water mitigation technology with those that did not. Curious to share the results? Discover the astonishing findings!

 

Time
4:30 PM - 5:00 PM