Smart Technology Solutions That Can Help Your Organization Reduce Risk
The Travelers Connected Protection Program: Making risk mitigation smarter
Broken pipes, leaks, flooding and temperature swings can cause devastating damage – disrupting operations and driving up costs. The Travelers Connected Protection Program connects customers with smart technology solutions from innovative providers, helping them proactively manage and mitigate property risks.
What is the Connected Protection Program?
We offer a curated list of top-tier smart technology solutions from vetted providers that can help our customers transition to proactive risk management. With 24/7 monitoring of property and equipment, real-time actionable alerts can help prevent or minimize damage and expenses.
- Get personalized smart tech support. Our specialists work with customers to find technology solutions that best match their unique requirements and budget.
- Unlock savings through exclusive discounts.* Take advantage of our negotiated smart sensor discounts to better manage your property risks.
Contact a Travelers representative today!
Looking to learn more? We can help.
Did you know?
Based on Travelers Claim data:
- #2-leading cause of loss to commercial property is water damage.1
- 20% of all property insurance losses are caused by non-weather-related water events.2
Monitor business property with smart technology in real time.
Discover the versatility of our Connected Protection Program, featuring a variety of use cases crafted to meet customer needs. With numerous solutions available, we invite customers to connect with a Travelers specialist to explore options for their specific needs.
Water leak protection
When it comes to protecting property from water damage, consider these three key components:
- Automatic shutoff. This feature is designed for quick action during leaks.
- Water detection. Place sensors in leak-prone areas or near valuable items that could be damaged by water.
- Water flow monitoring. Track how water is flowing throughout the building and identify any significant changes.
With our extensive knowledge, we can help you find the right solution for your specific situation.
Environmental and temperature monitoring
Environmental sensors are capable of monitoring temperature, humidity, air quality, dust and various air pollutants. Monitoring humidity levels can help to limit mold and mildew growth, while observing air quality levels can help mitigate environmental risks to employees. Temperature sensors can help prevent issues such as frozen pipes and food spoilage.
Machine health or vibration monitoring
A disruption in manufacturing equipment, such as a piece of critical equipment breaking down, can cause supply chain interruptions and production issues. Implementing machine health monitoring along with predictive maintenance can be impactful in mitigating these risks. Investing in proactive equipment maintenance measures can help businesses protect their operations against unexpected equipment failures.
Smart tech solutions for smart prevention
Smart devices have been deployed in critical situations, delivering impactful results.
Business type:
School district
What happened: A major pipe burst in a basement on the school property.
How smart solutions helped: Due to the presence of smart sensors, the building manager was alerted and able to quickly shut off the water, preventing significant damage and allowing for timely repairs.
The customer benefit: A possible $100,000 loss was avoided.
Business type:
Hotel property
What happened: Water damage caused over $50,000 in out-of-pocket expenses.
How smart solutions helped: Seeking future protection from similar incidents, the owner-operator consulted with our team to find vendors and devices for their needs.
The customer benefit: The owner installed smart sensors in high-value areas of the hotel. The insights gained led them to expand the use of smart sensor solutions across multiple properties.
* Please note: Customers located in the following states are not eligible for the program discounts at this time: AK, CA, FL, HI, IN, LA, ME, MO, NY, ND, OK and WA.
Discounts may vary by state and individual risk characteristics. Discounts are subject to eligibility, availability, do not apply to all coverages, and are not guaranteed.
Sources:
1,2 Travelers Claim data 2019-2023, excluding inland and ocean marine coverages.
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