Watergate joins Lockton’s Asset Connect® to help buildings detect water risks earlier

Watergate has joined Lockton’s Asset Connect® initiative as an official technology partner, helping real estate owners gain better visibility into one of the most common risks in buildings: water.

Asset Connect brings together operational data from multiple building technologies into a single platform. By connecting insights across building systems, it helps property owners and operators better understand how their assets are performing and where operational risks may exist.

Why this matters

Water damage remains one of the most common and costly risks in real estate. Yet many buildings still have very limited visibility into their plumbing systems.

Leaks often go unnoticed until significant damage has already occurred, leading to expensive repairs, operational disruption and large insurance claims. Improving visibility into water infrastructure is becoming an important part of modern building management.

Bringing water data into the wider building picture

Lockton, the world’s largest privately owned insurance broker, advises many of the world’s leading real estate investors, developers and asset managers. Through Asset Connect, Lockton is building a platform designed to help building owners, operators and insurers better understand operational risk across property portfolios.

Watergate’s technology helps buildings detect leaks, reduce water damage risk and understand water usage in real time. By integrating this data into platforms like Asset Connect, water insights become part of a broader operational picture alongside other building systems.

Proven in real buildings

Watergate’s technology is already delivering measurable results across residential and commercial properties.

In partnership with Greystar, one of the world’s largest residential operators, Watergate helped reduce water consumption by 68 percent while giving property managers real-time visibility into leaks and abnormal usage. At III Milenium, Watergate’s technology helped identify over 200 hidden leaks and improve operational efficiency across the building.

Krystian Zajac, CEO and Founder of Watergate, said:

“Water damage remains one of the most disruptive risks in real estate. By partnering with Lockton through Asset Connect, we can help building owners gain far better visibility into their water systems and detect problems earlier. We’re excited to contribute our expertise alongside other technology partners to help create safer, smarter and more resilient buildings.”

Mark Rose, Partner, Head of Global Real Estate, Lockton, added:
“Asset Connect brings together the best technologies to help property owners better understand and manage operational risk. Watergate’s ability to detect potential leaks and provide data-driven water insights makes them a valuable partner within the Asset Connect ecosystem.”

About Watergate

Watergate is a smart water management company helping homeowners, businesses and utilities detect leaks, prevent water damage and reduce water waste. Its technology combines intelligent sensors, real-time monitoring and data analytics to provide full visibility over water systems and usage. Watergate’s solutions are already delivering measurable results across residential and commercial properties, reducing water consumption and helping organisations improve operational efficiency, lower costs and cut environmental impact. For more information, visit www.watergate.ai.

Watergate media contact

Gareth Thomas
Communications Director

E: Gareth.t@watergate.ai I M: +44 (0) 7793597406 

About Lockton

What makes Lockton stand apart is also what makes us better: independence. Lockton’s private ownership empowers its 13,100+ Associates doing business in more than 155+ countries to focus solely on clients’ risk and insurance needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results. For more information, visit www.lockton.com.

Lockton media contact

Steven John Harry
Communications Manager
E: steven.harry@lockton.com I M: +44 (0) 7456070389