Page 7 - CooperatorNews New York August 2021
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COOPERATORNEWS.COM  COOPERATORNEWS —  AUGUST 2021    7  ROSENWACH TANK  THE FIRST NAME IN QUALITY CEDAR WOOD TANKS  WE ARE CERTIFIED and IT MATTERS!  718.729.4900   43-02 Ditmars Boulevard, 2nd Fl., Astoria, NY 11105  www.rosenwachgroup.com  Rosenwach is proud to announce that Rosenwach’s tanks are certified to NSF/ANSI 61 by NSF   International, a leading global independent public health and safety organization. NSF/ANSI 61   addresses crucial aspects of drinking water system components such as whether contaminants   that leach or migrate from the product/material into the drinking water are below acceptable levels   in finished waters.  To receive certification, Rosenwach Tank submitted product samples to NSF that underwent rigorous   testing to recognized standards, and agreed to manufacturing facility audits and periodic retesting   to verify continued conformance to the standards.  The NSF mark is our customers’ assurance that our prod-  uct has been tested by one of the most respected indepen-  dent certification organizations. Only products bearing the   NSF mark are certified.  could lead to a potential pipe burst—the fa-  cility manager gets an actionable alert. All   actionable alerts provide an email, text, and   are followed-up with a phone call from a cen-  ter that tracks sensor activity. In the event of   a burst pipe, the facility manager and other   designees should get an immediate action-  able alert.”    Even in the event of a power failure, the   system  can still function if  it has  a battery   backup. If there is a power outage with these   types of systems, the facility manager would   typically  receive  an  alert  letting  him/her   know the device is using backup batteries.   The facility manager receives another alert   when power is restored.    Installation  The sensors are typically installed by IoT   experts in collaboration with building own-  ers, co-op and condo boards, and facility   managers to help design a bespoke installa-  tion plan to meet the unique needs and chal-  lenges of the particular building. This spe-  cialized plan includes selecting the optimal   sensor product for building needs, identify-  ing the right quantity of sensors and where to   place them, and ensuring that the right type   of sensor is installed at each location.     Common areas for sensor installation in   residential buildings include boiler rooms,   mechanical rooms, laundry rooms, building   fitness  centers,  storage  rooms,  HVAC  sys-  tems, and electrical rooms.  There are specific   risks associated with each type of room that   are addressed by a different sensor device, or   combination of devices, which might include   an ambient temperature sensor, a water sen-  sor, and a pipe temperature sensor.  In a boiler   room, for example, a water sensor might be   deployed to monitor for leaks and failures,   while a pipe temperature sensor and a water   sensor to monitor for equipment leaks and   failures might be installed in an HVAC room.   A building’s gym or fitness center might   make use of an ambient temperature sensor.  Sarma observes that “the age and size of   the building does not impact the ability to   install these sensors. However, a pre-analysis   should be done so that it can be determined   how many sensors are needed to protect the   building.”  Cases in Point  Jim Magliaro, Risk Consulting Technical   Leader  of  CHUBB  Personal  Risk  Services,   provides an example of how IoT sensors di-  verted what could have been costly damage:   “One recent example of an actionable alert   resulted  from  a washing  machine fill hose   that became dislodged and was pumping   water into the laundry room. A resident was   less than 10 feet away when this malfunction   occurred, but she was completely unaware   of the problem. The issue set off a real-time   alert, and was quickly addressed.” Significant   damage was averted, avoiding the potential   need for both flooring and ceiling repair or   replacement.    WATER SENSORS...  continued from page 6  In another example, Magliaro describes  sensors, and how much does doing so save in   a client in Chicago whose water leak sensor,  the long run? According to the pros, cost sav-  located in the master bedroom, activated be-  cause water was leaking from the condo unit  twofold: from preventing leaks and the costs  apartment building. It depends upon many   above his. He was able to address the situation  associated with them, and from potential sav-  immediately, preventing a potentially large  ings on insurance premiums.    loss.  While both these examples are obviously  can help improve the risk profile of the cus-  minor compared to the scale of what hap-  pened in Surfside, they illustrate how smart  ing Officer of CHUBB Personal Risk Services.   and impacted the building’s infrastructure.   tech can step in and avert big trouble down  “In some states, policyholders may also be  The specific character of the damage is also   the line—whether for a single unit owner, or  eligible to receive a discount on their condo  a factor in determining cost. We consistently   an entire building community.  Potential Savings  Of course, the question most boards and  home. Policyholders should check with their  significant damage, to substantiate the invest-  their constituents have is, how much does it  brokers or agents to find out if this discount  ment.”     cost  to install IoT  moisture or  temperature  applies to them in their state.”   ings from installation of these sensors can be  leak varies, especially in a high-rise condo or   “In the long run, IoT sensor installation  occurred, whether it was a gush or a trickle,   tomer,” says Jennifer Naughton, Risk Consult-  or  co-op insurance  premium if  they install  hear that the ROI is undeniable. In many cas-  sensors near all water using devices in their  es, it only takes one alert, and the avoidance of   In terms of savings resulting from better   detection, Sarma  says, “The  cost  per water   factors, such as the location of the leak, how   long  it  went  undetected,  on  which  floor  it   how many tenants were affected, if it affected   mechanical areas or got into the elevator shaft   n


































































































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