How Insurers Can Protect Loss Ratio with Construction IoT Technology - Insurance-Canada.ca

Apr.5, 2022 – By Alex Fuentes, Brickeye – The list of risks associated with construction is extensive.Insurers of high-rise and multi-family building projects are faced with increasing underwriting risk while trying to maintain a healthy loss ratio.

Recent IoT technology innovations have the ability to mitigate job site risk and reduce severity of claims by providing real-time visibility, actionable alerts, and valuable reporting.

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Publisher: Insurance Canada