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Reduce Water Damage Losses Significantly

Innovative use of IoT makes the difference.

Insight Risk is a technology-focused Builder’s Risk MGA with a critical advantage: Our unique model bundles Internet of Things (IoT) water damage prevention solutions, sound underwriting, and proactive risk management to significantly reduce water damage losses and deliver value-added benefits to our policyholders.

By paying all upfront IoT technology costs, we remove a major barrier to a safer and better-connected jobsite, helping our clients avoid losses and minimizing the impact of unforeseen events. Our objective is to reduce water damage losses by 90%.

Although our focus is on risk control and mitigation, we also employ digital solutions from submission to claims handling, delivering a lower cost of risk to our policyholders and superior returns to our carrier partners.

The Insight Risk Team

Put our experience to work for you.

Our team comprises professionals with over 150 years of combined experience in insurance, technology, construction, and claims, each with a long track record of innovation and success.

Chad Hollingsworth
Chad Hollingsworth

President and Co-Founder

Co-founder of Triax Technologies Inc. and principal of On Target Consulting LLC, where he advises construction technology-focused companies’ strategy and insurance solutions. Helped create Spot-r®, the powerful IoT platform that delivers comprehensive insights and real-time location services on construction sites.

John D. Dempsey
John D. Dempsey

CEO and Co-Founder

Founder and Managing Partner of Dempsey Partners, a risk management consulting firm acquired by Aon. Formed Terrabella Risk Consulting LLC, which provides insurance advisory and risk management consulting services globally. Advises insurance industry professionals on technology and innovation.

Bret Bush
Bret Bush

Executive Vice President

Former Strategy and Execution Lead of IoT at The Hartford, where he managed over 100 large-scale IoT deployments on construction sites. 30-year veteran of the construction and insurance industries, specializing in sensor technology, data analytics, and business intelligence tools.

Michael Reich
Michael Reich

Director of Insurance

Former AVP Construction Property at Berkshire Hathaway Specialty Insurance, where he managed a nationwide builder’s risk portfolio focused on high-value catastrophe-exposed accounts with a focus on new product creation and proprietary software development. Chair of the Inland Marine Underwriting Association’s Construction Committee.

Mark Reagan
Mark Reagan

Senior Advisor, Distribution

Former Chairman, Marsh U.S. Construction Practice. Widely recognized as one of the leading construction insurance and surety executives in the nation. Leadership positions with Seaboard Surety, AIG, Aon, Willis. Responsible for creating Subguard, Crimeguard, and other innovative insurance products.

Get In Touch

Phone number

203-361-3892

Address

Insight Risk Technologies LLC
55 Post Road W, Suite 200
Westport, CT 06880