Insight Risk introduces builders coverage

Insight Risk Technologies LLC has launched Insight Risk builders risk coverage, the managing general agent said in a statement Tuesday.

Limits of up to $30 million are available. The company will also deploy technology-enabled risk control services for U.S. mainland fire-resistive construction projects with construction values between $25 million and $125 million, a statement said.

Once a building is enclosed, Insight Risk will install water-, temperature- and humidity-monitoring sensors that send an alert to the project team when irregular conditions are detected.

Insight Risk is licensed in 48 states and backed by Munich Re Specialty Group Insurance Services. Initial distribution is through Marsh & McLennan Agency LLC, American Global LLC and Holmes Murphy & Associates LLC.