NEW YORK — January 10, 2024 — As organizations around the world face rising costs related to water damage and increased focus on water sustainability, WINT Water Intelligence is building on its success in 2023 to continue solving these challenges for insurance, construction, facilities, and property management companies.
In 2023 WINT helped over 400 leading global enterprises mitigate water damage and reduce their environmental footprint; these customers saved a total of 652 million gallons of water which would have resulted in the release of 22,000 metric tons of carbon emissions. In addition, WINT’s solutions prevented over 900 water damage incidents with a total damage potential of $10’s of millions.
WINT’s success in preventing water damage has helped accelerate the growth of its insurance network, which includes carriers, brokers, MGAs and risk-engineering firms and has nearly tripled during the year.
“The economic impact of water damage in buildings and construction sites, combined with increased water stress and scarcity has ripple effects that impact a wide variety of industries,” said Yaron Dycian, chief product and strategy officer for WINT. “Rising insurance costs for construction, commercial and residential buildings are adding up to climate crisis and global water shortages. We’re proud that we’ve managed to help our customers avoid the pain of water damage in their facilities, and of having helped reduce the environmental impact of building on water supplies.”
Throughout the year, WINT implemented a variety of innovative solutions to help contractors, insurers and property and facilities managers meet the challenges associated with water waste and damage.
