THE NEW ESSENTIAL HOME SERVICE: Water Leak Prevention. Intelligent Water Monitoring Solutions for Homeowners

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1 THE NEW ESSENTIAL HOME SERVICE: Water Leak Prevention Intelligent Water Monitoring Solutions for Homeowners

2 Water damage is the single greatest risk facing insurance companies today! Water damage is the #1 claim in Canada Average cost per residen al water damage claim in VS That s a 37% increase Water damage claims accounted for of dollars paid out on property damage claims From 2009 to 2014, insured losses from catastrophic events were close to or above $1 billion each year much due to water losses.

3 EDDY S TECHNOLOGY: DAMAGE PREVENTION 93% of a home s typical water damage that originates within the home is preventable with Eddy s technology. Roof, window & exterior leaks and other water damage (7%) is not prevented by Eddy Home, but can be mitigated by alerting a homeowner to the issue. Eddy Home s Technology Mitigates: Water damage due to leaks from broken pipes, appliances and basement leaks Frozen pipe water damage Mold and mildew damage

4 INTRODUCTION TO EDDY HOME Founded in 2014, The Eddy Home suite of products and services is designed to protect properties and conserve water through intelligent water management solutions, utilizing the burgeoning Internet of Things (IoT) and Smart Home marketplace. IoT is New, Our Team is Not With over 30 years of resource and home services sector management, 3 million previous customer acquisitions, and multinational coverage, Eddy Home s leadership understands a homeowner s motivations and challenges. The attendee reaction to Eddy Home was overwhelmingly enthusiastic, with many expressing personal interest. That s the ultimate stamp of approval - that the innovators in the building industry want to use it in their own homes. Corey McBurney, President, EnerQuality

5 HELP PROTECT YOUR CUSTOMERS AND REDUCE WATER DAMAGE CLAIMS The Eddy Home Suite of Water Prevention Technology Our intelligent technology ensures that homeowners are notified the moment a leak is detected, and offers automatic and remote water shutoff. How It Works The Eddy system learns water usage patterns and monitors for irregularities. If the Eddy IQ detects something unusual or irregular, it sends an alert by mobile App, text message, and . The customer can remotely shut off their water from a mobile device to avoid costly damage, and with the ease of their App, dispatch a plumber. I wouldn t tell a homeowner to build a house without a smoke detector, but you re more likely to have a water issue than a fire The Eddy Home product to me as a home builder and to my clients is no different than fire protection in a home. Samuel Lapidus, President, Keystone Ridge Developments

6 WHAT CAN EDDY DO FOR YOU Working with Eddy Home will Help You: Protect Your Clients saving them from financial strain, stress, and potential health related issues. Create a Better Book of Business your clients will have less water claims, resulting in a lower loss ratio. Be a Part of the Future with the introduction of new and emerging smart home technology, the insurance industry is evolving. Integrating Eddy s technology will help you take advantage of this change. Keep Informed with RIBO Accredited Training Courses Eddy s team is happy to keep you up to date with our free accredited courses. Provide the Best Protection & Best Service at the Best Rates we understand the importance of Customer Service and the commitment you have to your customers. With the Eddy solution, you will improve your customer experience while providing first class protection and rates to clients.

7 WHEN TO INTRODUCE EDDY 1 New Client Acquisition When a client first comes on board, you can inform them about the technology and associated insurance savings. 2 Renewal A perfect time to promote Eddy s suite of products is during the renewal period, where customers are reviewing their insurance policies and looking for new ways to protect their homes and save. 3 During A Claim A great time to ensure that your clients minimize their future risk of water damage is when a claim is occurring. Customers can proactively prevent water damage with Eddy s solutions. 4 High Risk Clients Some clients face difficulty with home insurance due to previous claims or being identified as high risk. Eddy s technology can significantly decrease their risk while increasing insurer confidence. 5 Entitlements Post Claim Many of your high value homeowners who have experienced a loss qualify for an entitlement of up to $5,000 for the installation of Eddy s solution.

8 THE EDDY IQ Featuring a proprietary back-end system, the Eddy IQ continuously analyzes and learns each home s individual water usage trends. Remote & Automatic Shutoff Customers have the ability to shut off their home s water from anywhere in the world, and a standard automatic shutoff is also included. 24/7 Monitoring Our Central Monitoring station is staffed by trained professionals to ensure someone is always watching for abnormalities, and ready to act if needed. Instant Notifications & Actions Customers find out immediately when trouble arises, so that costly damage is avoided. Water Temperature Alerts The IQ measures the temperature of the water entering the home, alerting customers to issues that can result in frozen or burst pipes.

9 THE EDDY H2O SENSOR The Eddy H2O Sensor provides ultimate visibility in the home. Locate a Leak Sensors are placed by appliances, water sources, and other vulnerable areas to easily locate a leak. Humidity & Temperature Monitors the humidity and temperature of the home to prevent mold growth and monitor indoor air quality. Easy Detection When a leak is detected by an Eddy H2O sensor, the IQ s automatic shutoff will ensure costly damage is avoided. Long Life Permanent battery designed for over 6 years of operation.

10 INSURANCE The Eddy Home suite of products significantly reduces a homeowner s risk for water damage. The following insurers currently offer discounts of up to 15% to policy holders who install the Eddy suite of products. Intact Insurance Aviva Canada / Ovation Desjardins SGI AIG Canada Chubb La Capitale The Guarantee Company of North America Co-operators State Farm Canada Unica The Personal Coachman

11 THE EDDY ADVANTAGE Protection through 24/7 Monitoring Statistics show that more than 30% of alerts or alarms are ignored or missed. In water damage situations where every second counts, our centrally monitored service will ensure that there is always eyes on your clients water conditions. Remote & Automatic Shutoff The Eddy IQ provides total control over a home s water; offering shutoff at the main, as well as remotely through the App and from our centrally monitored service. From Leak to Solution Some leaks are preventable; others can only be mitigated. Our system is designed to minimize damage from top to bottom, including emergency dispatch of plumbers or restoration professionals. Whole Home Insights Eddy Home employs both dynamic flow monitoring and wireless sensors to offer a complete map of the home s water environment. The Eddy IQ is the most advanced and accurate water detection and flood prevention tool on the market. We re so confident in our technology that in the unlikely event of a leak damage claim while our system is installed, we ll pay the deductible. *Up to $1,000, some restrictions apply.

12 THE EFFECTS OF CLIMATE CHANGE 4 Ways Eddy Can Help LONGER DROUGHTS INCREASED FLOODING The Eddy IQ can conserve 14% of a home s typical water usage The Eddy H2O Sensor can alert you as soon as water is detected MORE FREQUENT COLD AND HEAT WAVES The Eddy IQ and H2O Sensors can detect temperature to protect your home against frozen pipes STRONGER STORMS, CYCLONES AND HURRICANES The H2O sensor can detect relative humidity and temperature, notifying homeowners of how extreme exterior weather conditions are affecting their home s indoor environment For every 1,000 participating homes, Eddy Home saves 61,000,000 litres of water per year. Water Wise Fact Statistics show that by providing reports, water consumption awareness is increased, and can result in up to 5% savings!

13 EDDY HOME S RIBO ACCREDITED COURSE Eddy Home s course, The Internet of Things and Water Damage Risk Reduction for Homeowners educates insurance brokers on the newest trend of Smart Home, Internet of Things (IoT) technology, and how homeowners can leverage this trend to better equip themselves to protect against water damage. This free of charge RIBO accredited course offers two hours of training in the Technical category, through an in-person, instructor led seminar. Participants will discuss the growing concerns of homeowners on water damage, insurance industry motivation to mitigate risk and educate consumers, and how technology can substantially reduce homeowners risk of water damage. Details Course: The Internet of Things and Water Damage Risk Reduction for Homeowners Time: Mornings or Afternoons Location: Your Brokerage (currently only available in Ontario) To Book: Call or insurance@eddyhome.com Technical Hours: 2

14 HOW TO RECEIVE INSURANCE SAVINGS WITH EDDY Easy as 1, 2, 3. Installation. The customer completes installation with an Authorized Eddy Expert. Certificate Received. The customer will receive an official certificate from Eddy Home confirming that they have leak detection with automatic shutoff capability. Submission. The customer submits the certificate to their insurer, and the discount is applied. CERTIFICATE OF AUTOMATIC WATER SHUT OFF LEAK PROTECTION TECHNOLOGY This certificate acknowledges that the Eddy IQ and Eddy H2O Sensors have been installed at: ADDRESS on, DATE This property is monitored 24/7 for Leaks Temperate Changes Humidity that may result in water damage. 24/7 LEAK M O NITORING S. DYM, PRESIDENT EDDY HOME EDDY HOME INC. Corporation Number:

15 TESTIMONIALS I know first hand the damage water can do to homes I ve seen it in our homes. It can ruin everything drywall, carpet, and hardwood, and is extremely expensive for a homeowner. I feel a whole lot better having Eddy Home in my house, and strongly recommend it to customers. Bob Finnigan, Chief Operating Officer, Heathwood Homes Only a few days after our Eddy IQ was installed, it alerted us about a leak in our second floor bathroom. We had no idea there was a leak, so we really appreciate that we can fix the problem now and prevent mold growing... Chris J, Homeowner The meter detected a leak. When the plumber came, he found water under my house from a pipe that had been leaking, and another pipe leaking under my kitchen sink. It caused mold everywhere. Without you, I would have never known! Maria R, Homeowner...You re 24 hours a day - that s a great service you ve got...i like the fact that if there s a broken pipe, you re there to monitor it and you can shut it off Gary S, Homeowner

16 BRO-IB/V Eddy Home Inc. All rights reserved.