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| The water damage industry is experiencing a perfect storm in the UK with the recent spate of record flooding and now Coronavirus.
Unique, un-chartered landscapes of excessive water damage and Coronavirus need innovative smart models to keep business flowing. This is a perfect time to be embracing digital IoT solutions. Here are five top reasons why:- |
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Challenge associated to Coronavirus |
Potential upside leveraging IoT solutions |
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| 1 | High volumes of water damaged properties with Coronavirus causing a reduced appetite for policyholders to accept visits | By deploying an IoT/remote monitoring solution into the property all monitoring can be done off site. Viruses do not travel over digital connections! |
| 2 | An increasing number of technicians that will be placed into isolation due to coronavirus or will be home working, so capacity is reduced. At a time with high levels of water damage losses, capacity is likely to already be stretched, compounding the challenge | Fewer people can monitor a higher volume of losses with the use of IoT/remote monitoring |
| 3 | Policy holder still needs to be re-assured their property is drying | Unlike typical manual measurement visits, IoT solutions deliver updates to a centralised cloud platform all of the time, this delivers a greater resolution of data enabling actions to be taken in a timely manner |
| 4 | Changes in drying regime may be needed even though the policyholder is in isolation/is not prepared for a water damage technician to visit due to Coronavirus. | Firstly the drying regime efficiency can be monitored remotely. If any changes are needed then there is a strong likelihood the policyholder could assist. Examples could be:-
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| 5 | Your organisation needs to keep a flow of completed losses for cash flow reasons, if you are not able to complete and sign off losses, cash flow becomes a real challenge | IoT/remote monitoring provides a perfect model to keep your business flowing. Undoubtedly it will still be a huge challenge however these challenges need a change in approach, it is unlikely that a service model based on a ‘normal’ landscape will satisfy what is happening now |
| Please call us on +44 1905 754078 to discuss how the Matrix+ IoT solution for water damage and coronavurus can help.
Or email us solutions@captiondata.com |
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| If you would like to read more about the Matrix+ solution before contacting us, please download the following white paper here | ||
Water damage restoration and Coronavirus – IoT Technology can help!
