Test-NY Times reports early danger of California wildfires

An example of the growing need for better risk management in a decade of multiple crises

See full article in NY Times. There were no deaths reported or homes destroyed in the brush fire that is blazing through steep terrain near Pacific Palisades, in western Los Angeles. Credit…Ringo H.W. Chiu/Associated Press

In a time of climate change, COVID, and other global challenges, dangers increase, portending large financial and human costs.

High-tech solutions needed on multiple fronts.

Property insurance rates may be headed up, way up, along with more death, injury, social disruption, and inconvenience.

Fortunately, new high-tech tools — dubbed “proptech” — are coming to the reasue. They facilitate functional, affordable living spaces with reasonable insurance rates, in spite of the mounting challenges.

They do this by giving property personnel comprehensive online control over scheduled tasks, best practices, preventive maintenance, and local regulations.

The net effect is reducing the severity of fires, floods, or other dangers — or bypassing some entirely.

To learn about the trend and the companies that supply the technology —

• See this article in the trade journal, PropertyCasualty360: New ‘proptech’ promotes safe, functional living spaces by Dick Samson, Director of EraNova Institute (Click to view)
• For a Risk Assessment Tool, to estimate potential loss avoidance, contact Matt Nicholas, Vice President of Alliant Insurance Services: (949) 756–0271 or via LinkedIn or Facebook.

“Controlling losses before they happen is the new name of the property game …”

See more smart-green solutions identified by EraNova Institute.