Alert Labs, a leading provider of scalable, non-intrusive water management solutions for commercial, industrial, and institutional properties, is proud to announce that it has been recognized as a 5-Star Technology and Software Provider by Insurance Business Magazine.

Alert Labs partners with leading commercial property insurers and their clients to provide intelligent water solutions that minimize water damage risk. The company's AlertAQ™ water intelligence platform has been an integral part of many organizations' water loss mitigation strategies, helping achieve 40× ROI, a significant reduction in claims, and millions of dollars in averted losses.

"We're thrilled to be recognized by Insurance Business Magazine as a 5-Star Technology and Software Provider," said Bob Wasserman, CEO of Alert Labs. "Our innovative water intelligence solutions are helping insurers and their clients reduce water damage risk and save money, and we're committed to continuing to create a more predictable risk management environment and reduce expenses for our customers."

The award from Insurance Business Magazine comes as the insurance industry continues to evolve and adopt new technologies to stay ahead of the curve. As noted by the magazine, the top insurtech companies are those that deliver measurable value, are customer-centric, and provide solutions that are tailored to the specific needs of insurers.

Alert Labs' success metrics speak to the impact of its solutions: 12 billion gallons of water saved, $150 million averted in water damage and costs, 125,000 CO2e tonnes of emissions avoided, 135,000 IoT sensors deployed, and 14,000 buildings installed. The company's solutions, including its Floodie water leak detector, Flowie O water flow sensor, Humie humidity and temperature sensor, and Shuttie automatic water shut-off valves, as well as its AlertAQ™ water intelligence platform, provide 24/7 analysis and visibility into water use, temperature, and humidity, as well as actionable insights to protect properties, lower costs, and increase efficiency.

These achievements demonstrate the company's ability to drive real results in the insurance industry and make a positive impact on the environment. With its scalable, non-intrusive water management solutions, Alert Labs is helping commercial, industrial, and institutional properties reduce waste and minimize damage associated with water leaks.

The 5-Star Technology and Software Provider award is a significant achievement for Alert Labs, and the company is proud to be recognized alongside other industry leaders. As the insurance industry continues to navigate the challenges of aging tech stacks, new risk types, and evolving customer expectations, Alert Labs remains committed to delivering innovative solutions that meet the needs of insurers and their clients.