Insight Risk Technologies
Reinventing Builder's Risk Insurance.
Overview
Insight Risk Technologies is a technology-driven Managing General Agent (MGA) that is reinventing Builder's Risk insurance. They combine granular, fact-based underwriting with proactive risk management and proven IoT technologies deployed on each project. This approach aims to prevent losses from events like fire and water damage, offering comprehensive Builder's Risk coverage while actively helping to mitigate the risks during construction.
✨ Key Features
- Builder's Risk Insurance Coverage
- IoT-based Risk Mitigation Technologies
- Proactive Risk Management Services
- Technology-driven Underwriting
- System Design, Procurement, and Monitoring
🎯 Key Differentiators
- Integration of IoT technology directly into the insurance offering.
- Proactive, technology-enabled loss prevention service.
- Specialization exclusively in Builder's Risk.
Unique Value: Insight Risk actively prevents property losses by embedding IoT technology and risk engineering into its Builder's Risk insurance, aiming to lower the total cost of risk, not just the premium.
🎯 Use Cases (4)
✅ Best For
- Offering comprehensive Builder's Risk insurance coverage that incorporates loss prevention technologies in each quote.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Companies needing general liability or workers' compensation insurance.
- Users looking for a software to track subcontractor COIs.
🏆 Alternatives
Unlike traditional insurers who price risk based on historical data, Insight Risk uses real-time, on-site data from IoT devices to proactively mitigate risk, creating safer projects and potentially better insurance outcomes.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (All tier)
💰 Pricing
Free tier: N/A
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