IoT sensors are proving their worth by preventing small problems from becoming big losses. In this episode, Pete Miller talks with George Chedraoui, Senior Director, Corporate Risk & Resilience for Highwoods Properties Inc., and Sean Ringsted, Executive Vice President and Chief Digital Business Officer of Chubb Group, on how on how each is realizing big benefits from deploying smart water sensors.

Segment 1: (00:02:45): Pete and George discuss Highwoods’ success with smart water sensors in its commercial office buildings, pivoting from small pilot to wider rollout, training as critical success factor, preventing a loss demonstrates the ROI, taking a more holistic view of risks, and opportunities to integrate technology in risk management strategy.

Segment 2 (00:19:12): Pete and Sean take a deep dive into the future for water peril mitigation, Chubb's acquisition of StreamLabs technology, empowering proactive risk management, critical lessons from sensor deployments, embedding technology into insurance value chain, and gaining powerful new insights for risk prevention and pricing.