Leading supplier of home restoration and repair services, Alacrity Services, is partnering with technology-based risk management firm Scalable Risk Solutions (SRS) to offer smart platform SenSOAR™, the “Smarter Option for Analyzing Risk.” This disruptive technology can benefit the entire insurance industry by reducing or preventing claims and lowering costs for any size property.
SenSOAR was built by a team of insurance, risk management, restoration and technology experts. The platform has a suite of “best in class” sensors that use AI and machine learning to monitor and protect properties from a variety of potential high frequency and high severity losses from water, fire, smoke, gas, temperature, motion, mold, and many other perils. The insurance industry is actively searching to find solutions like SenSOAR, which includes the platform, hardware, installation and monitoring, making it easy for key stakeholders to manage. SenSOAR’s specialized water leak detector with temperature monitoring and motion detection can shut off water at the sign of a spike in usage or a frozen pipe. SenSOAR has the capability to monitor millions of properties every year.
SRS CEO Jeffery Magoon says that “SenSOAR is a game changer for the insurance industry because we reduce and prevent claims from happening and more importantly, we collect and can provide to the insurance industry predictive analytical data. Our platform monitors the property 24/7 and provides alerts to companies like Alacrity to engage their network of restoration contractors quickly and efficiently.”
SRS completed due diligence and feasibility studies with platforms and technology protocol in IoT risk management. The team chose LoRaWAN™ for SenSOAR’s device connectivity because it is the ideal connectivity for IoT, designed with futureproofing in mind as a vibrant ecosystem with flexible deployment models, low power and long-range capabilities.
Jonathan Miko, President of Alacrity Services says “We are excited to enter into a partnership with a strong technology leader like Scalable Risk Solutions. The team’s collective experience and background, coupled with their disruptive technology solutions, position Alacrity to further strengthen its technology portfolio of services. We look forward to working closely with Scalable Risk Solutions where together, we’ll deliver best-in-class service to the clients we serve.”
About Scalable Risk Solutions
Founded in 2017, Scalable Risk Solutions is an insurance and risk consulting firm that inspires companies to leverage technology to mitigate risks and lower costs. SRS’s team of insurance, risk management, restoration and technology experts gives the company a unique lens on residential and commercial property management. Utilizing in-depth knowledge of internet of things, data communication, and application development, SRS delivers the elements needed to create the ultimate risk management solutions for home or business. www.scalablerisk.com
About Alacrity Services
Alacrity Services has been a leading supplier of home restoration and repair services since 1999. The company is powered by an elite, pre-screened network of contractors providing services across a number of industries including insurance, financial, commercial, property management, and real estate. Their model incorporates proprietary workflow management software and leverages top-to-bottom industry experience to provide exceptional support throughout the life-cycle of each assignment. Alacrity Services is headquartered in Eugene, OR, with a second office location in Charlotte, NC. www.alacrityservices.com.
Read the press release here.