Environmental services and technology company Water Intelligence Plc has revealed that it has signed a contract with a “top five” US insurance company.
The firm, which was incorporated in England and Wales, and owns 100% of the issued capital of American Leak Detection Inc., will use its relationship with the unnamed insurer to provide products designed to reduce collateral damage claims.
According to a report by
London South East, the water leak specialist had previously worked with insurance claims adjustors across the US but signed its first national insurance contract in 2017. It noted that in an effort to meet demand for a nationwide business-to-business approach for insurance customers, a channel had been set up for job assignments and billing – and this has created around 35,000 jobs.
“In response to strong demand, we plan to do more of the same in 2018 and beyond, as the insurance market is currently seeking complete solutions for minimising water loss through leakage and we believe we are well positioned to deliver this,” commented executive chairman Patrick DeSouza in the report. “We look forward to another significant increase in the amount of insurance work acquired for our corporate and franchise locations.”
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