Detect and prevent costly water damage with sensors system and automatic shutoff valves.
Detect and prevent costly water damage with sensors system and automatic shutoff valves.
Chubb highlights that non-weather related interior water damage—such as burst pipes, roof leaks, overflowing toilets, and leaking equipment—is a leading and growing cause of loss for commercial properties, accounting for about 20 % of all property insurance losses. The brochure introduces their IoT solution through their subsidiary StreamLabs, offering wireless leak-detection sensors and automatic shut-off devices that monitor flow and leak conditions in real time—using LoRaWAN or WiFi—and alert maintenance personnel via email/text with location details. The system aims to reduce property damage, business interruption, and liability risk while saving water, energy, and maintenance costs, modernizing buildings and enhancing profitability. It supports all building types—from single-family to large commercial—and includes services such as installation, web dashboard, warranty, and 24/7 alerts. The solution recommends monitoring critical equipment, areas prone to leaks/freezing, and domestic plumbing systems. The materials note that Chubb assumes no liability for the products and coverage depends on the policy.
