Advice
Leading with Prevention: New Solutions to Age-Old Problems
Loss prevention experts discuss how the view of risk management has shifted and the latest technology to reduce water damage and electrical fires
Listen in on a conversation with loss prevention experts Chris Mannion, Head of Risk Management Operations at PURE; Paul Vacquier, Founder and CEO of Beagle Services; and Bob Marshall, Co-Founder and CEO of Whisker Labs.
In this episode, we'll discuss the latest technology in the loss prevention space to reduce water damage and electrical fires and how the views on risk management have shifted among carriers, brokers and homeowners.
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Chapter One: Founding Stories
The story of how these two founders got past the "I think this could be a good idea," phase to creating companies with products and services that benefit both homeowners and insurance companies.
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Chapter Two: Common Issues
How issues like a general lack of awareness around water usage and plumbing to aging infrastructure and damaged wiring play into the need for loss prevention technologies.
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Chapter Three: A Broader Shift in Prevention Technology
The mindset shift and increased awareness that is impacting how consumers, brokers and carriers view and take up loss prevention technologies.
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Chapter Four: The Percentage of Homes With Issues
The percentage of homes that Beagle and Whisker Labs are seeing that have potential issues and how serious each of those issues are.
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Chapter Five: Risk Flags
The types of homes and other factors that could indicate an increased risk for water damage and electrical fires.
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Chapter Six: Ease of Use and Adoption
How ease of use and other considerations factor into getting homeowners to take advantage of the prevention technology available to them.
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Chapter Seven: What's Next
What the next five years might look like in the world of risk management and loss prevention, from personalization to an increased use of AI.
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Chapter Eight: Alignment With PURE
How PURE will be partnering with Whisker Labs and Beagle going forward, from expanding the Ting program to creating a water-focused home visit for members.
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Chapter Nine: Examples of Success
Stories from the founders of Whisker Labs and Beagle that highlight where their products and services have performed at their best to prevent catastrophic losses.
The Guests
Bob Marshall
CEO, Whisker Labs
Robert Marshall is the founder and CEO of Whisker Labs. Whisker Labs, a spinout of Earth Networks, delivers next generation home energy intelligence technology to realize the full potential of the connected home. In 1992, Marshall co-founded AWS Convergence Technologies, the company that would become Earth Networks, by pioneering the networking of weather sensors and cameras using the Internet.
Bob is passionate about big data—from weather and climate observations to connected home and IoT sensors and beyond. By developing groundbreaking technology to find signals—valuable, meaningful intelligence—in this sea of big-data noise, he believes in improving and protecting people’s lives and livelihoods. Bob has appeared on CNN, BBC World News, and ABC Nightly News, and has been quoted in major news outlets that include The New York Times, The Washington Post, Nature, and Scientific American, among others.
Paul Vacquier
CEO, Beagle Services
Paul Vacquier is the Founder and CEO of Beagle Services. A trained insurance defense attorney, Paul has been helping insurers manage risks across his career. For the past six years, Paul has focused his career on the technology and adoption of water damage mitigation technology. In 2018, Paul joined Flo Technologies as an executive overseeing the company's insurance partnerships. Following the business's sale to Moen, Paul started Beagle to focus on the last mile of adoption of leak detection technology across all property types and all hardware manufacturers: installation, monitoring and resolution.
Beagle serves thousands of customers each year, solely sourced from insurance carrier partners, as insurance requirements increase the demand for deployment of this technology. Beagle's services most commonly include: in-line automatic water shutoff valve installations, point of leak sensors deployment and provisioning, fixture and appliance supply line upgrades, water heater inspections, pressure regulators and seismic gas shutoff valves.
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Be a fly on the wall as industry experts dive deep in conversation on the risks facing the high net worth market. Each episode will take on a different risk topic and address it from a unique angle, leaving you more informed to better serve your clients.