Water losses now a bigger threat than ever – and they rarely get attention they deserve

As climate-driven catastrophes reshape Canada’s property risk landscape, insurers are increasingly searching for tools that can reduce claims frequency – especially in segments they can control. While wildfire, flooding and severe weather dominate headlines, the number-one source of residential claims remains the same: water escaping from internal plumbing systems.

Jerry Fairborn (pictured), national sales manager at Moen, said insurers he speaks with are facing unprecedented uncertainty driven by the rising frequency of natural catastrophes – and many are turning to resilience technology as one of the few immediately actionable loss-prevention tools.

Read more: The CAT paradox: How to keep Canadians insured without encouraging riskier rebuilding

“Insurers are faced with almost an exis