HSB Adds WINT Water Intelligence Technology to Water Leak Detection Portfolio [Yahoo! Finance]
MUENCHENER RE GP UNSP/ADR (MURGY)
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ir.kiterealty.com
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Source: Yahoo! Finance
Protection for Construction and Building Operations HARTFORD, Conn., June 24, 2024 BUSINESS WIRE )--HSB, part of Munich Re, is expanding its suite of Internet of Things (IoT) water leak detection solutions, the company announced today, offering access to WINT Water Intelligence systems for construction, commercial, and industrial locations. The WINT solution, including performance warranty for builders' risk, in partnership with HSB, helps mitigate property damage and conserves water. The solution represents a strong value proposition for contractors, developers, and the owners of large residential, hospitality, and other commercial facilities during construction and while in operation. "While the cost of water damage continues to rise, water scarcity and water waste is a growing problem we can't afford to ignore, in the context of climate change," said John Riggs, chief technology officer and senior vice president of Applied Technology Solutions for HSB. "WINT's water manage
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