{"id":23682,"date":"2025-06-19T17:04:15","date_gmt":"2025-06-19T17:04:15","guid":{"rendered":"https:\/\/insurance-canada.ca\/?p=83324"},"modified":"2025-06-19T17:04:15","modified_gmt":"2025-06-19T17:04:15","slug":"brickeye-launches-buildersriskiq-iot-enabled-dashboard-to-de-risk-construction-projects-and-lower-builders-risk-insurance-costs","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2025\/06\/19\/brickeye-launches-buildersriskiq-iot-enabled-dashboard-to-de-risk-construction-projects-and-lower-builders-risk-insurance-costs\/","title":{"rendered":"Brickeye Launches BuildersRiskIQ\u2122 IoT-Enabled Dashboard to De-Risk Construction Projects and Lower Builders Risk Insurance Costs"},"content":{"rendered":"<p>Toronto, ON (June 17, 2024) \u2013 Brickeye, a leading provider of Construction IoT (Internet of Things) and job site risk mitigation technology services, is proud to announce the launch of BuildersRiskIQ\u2122, a first-of-its-kind digital dashboard designed to transform how builders mitigate construction risk and secure Builders Risk insurance coverage.<\/p>\n<p>BuildersRiskIQ\u2122 empowers insureds, brokers, and underwriters by providing unprecedented visibility into IoT-enabled water damage mitigation\u2014starting at the pre-construction and coverage quoting phase. For the first time in the construction insurance industry, IoT loss control plans can be scoped, verified, and communicated with ease as part of the Builders Risk placement process.<u><\/u><u><\/u><\/p>\n<p>Leveraging Brickeye\u2019s proven IoT protection services, the dashboard allows stakeholders to visualize and securely share project-specific IoT water mitigation plans, backed by Brickeye\u2019s Certificate of Protection. This proactive, tech-enabled approach strengthens insurance submissions, giving underwriters increased confidence and enabling insureds to reduce water loss deductibles by up to 50%\u2014significantly lowering total cost of risk.<u><\/u><u><\/u><\/p>\n<p>\u201cIndustry studies show that IoT protection can reduce water damage exposure on job sites by up to 90%,\u201d said Alex Fuentes, EVP Strategic Growth at Brickeye. \u201cWith BuildersRiskIQ\u2122, insureds and brokers can now submit committed, IoT-enabled water mitigation plans from the outset, leading to smarter insurance quoting and tangible cost savings.\u201d<u><\/u><u><\/u><\/p>\n<p>Key Benefits of BuildersRiskIQ\u2122<u><\/u><u><\/u><\/p>\n<ul type=\"disc\">\n<li>For Insureds: Lower insurance costs and water loss deductibles through a verified risk mitigation technology plan and Certificate of Protection.<u><\/u><u><\/u><\/li>\n<li>For Brokers: A value-added tool to enhance project submissions and reinforce insurer confidence through a demonstrable IoT loss control strategy.<u><\/u><u><\/u><\/li>\n<li>For Underwriters: Improved visibility into IoT water loss controls and implementation certainty, enhancing risk assessment and data-driven underwriting decisions.<u><\/u><u><\/u><\/li>\n<\/ul>\n<p>BuildersRiskIQ\u2122 marks a critical step forward in aligning technology, insurance, and construction to drive better risk outcomes, greater transparency, and stronger collaboration across the industry.<\/p>\n<p>To request a demo, please contact <a href=\"mailto:sales@brickeye.com\" target=\"_blank\" rel=\"noopener\">sales@brickeye.com<\/a>.<\/p>\n<h4 class=\"smallhead\"><b>About Brickeye<\/b><\/h4>\n<p>Brickeye is a global leader in Construction IoT and job site risk mitigation technology services, trusted by top-tier owners, developers, contractors, and insurers. Its advanced platform delivers real-time alerts, automated risk controls, and actionable insights that help construction stakeholders build smarter, safer, and more profitably.&nbsp;To learn more about Brickeye, visit <a href=\"https:\/\/www.brickeye.com\/\" target=\"_blank\" rel=\"noopener\">www.brickeye.com<\/a>.<\/p>\n<p class=\"referencetext\"><em>Source: Brickeye<\/em><\/p>\n<p> Tags: <a href=\"https:\/\/insurance-canada.ca\/tag\/brickeye\/\" rel=\"tag\">Brickeye<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/construction\/\" rel=\"tag\">construction<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/industry-first\/\" rel=\"tag\">industry first<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/insurtech\/\" rel=\"tag\">InsurTech<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/insurtech-spotlight\/\" rel=\"tag\">InsurTech Spotlight<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/iot\/\" rel=\"tag\">Internet of Things (IoT)<\/a>, <a href=\"https:\/\/insurance-canada.ca\/tag\/launch\/\" rel=\"tag\">launch<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toronto, ON (June 17, 2024) \u2013 Brickeye, a leading provider of Construction IoT (Internet of Things) and job site risk mitigation technology services, is proud to announce the launch of BuildersRiskIQ\u2122, a first-of-its-kind digital&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[1],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/23682"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=23682"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/23682\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=23682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=23682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=23682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}