Canadian construction IoT firm Brickeye has launched a digital dashboard to transform how builders mitigate construction risk and secure insurance coverage.

Called BuildersRiskIQ, it provides insureds, brokers and underwriters visibility into IoT-enabled water damage mitigation, starting at the pre-construction and coverage quoting phase. IoT loss control plans can be scoped, verified and communicated with ease as part of the Builders Risk placement process.

Leveraging Brickeye’s IoT protection services, the dashboard lets stakeholders visualise and securely share project-specific IoT water mitigation plans, backed by Brickeye’s 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%, significantly lowering total cost of risk.

“Industry studies show that IoT protection can reduce water damage exposure on job sites by up to 90%,” said Alex Fuentes, executive vice president at Brickeye. “With BuildersRiskIQ, insureds and brokers can now submit committed, IoT-enabled water mitigation plans from the outset, leading to smarter insurance quoting and tangible cost savings.”

For insureds, it can lower insurance costs and water loss deductibles through a verified risk mitigation technology plan and certificate of protection. For brokers, it acts as a value-added tool to enhance project submissions and reinforce insurer confidence through a demonstrable IoT loss control strategy. And for underwriters, it improves visibility into IoT water loss controls and implementation certainty, enhancing risk assessment and data-driven underwriting decisions.

BuildersRiskIQ aligns technology, insurance and construction to drive better risk outcomes, transparency and collaboration across the industry.

Brickeye (brickeye.com) is a specialist in construction IoT and job site risk mitigation technology services, used by owners, developers, contractors and insurers. Its platform delivers real-time alerts, automated risk controls and actionable insights that help construction stakeholders build smarter, safer and more profitably.