12 hours ago
InsureMEP: Turning MEP Infrastructure Data into Lower CRE Insurance Costs
What if commercial property owners could lower insurance costs simply by understanding their buildings better?
In this episode, Bruce Bean speaks with Craig Caryl, founder of InsureMEP and Critical Asset, about how mechanical, electrical, and plumbing (MEP) infrastructure data can help commercial property owners reduce risk, improve operations, and potentially lower insurance premiums.
Craig shares his unconventional journey into the commercial infrastructure world and explains how his company maps building systems into a visual platform that helps facility teams, owners, brokers, and insurance carriers better understand building operations. By combining infrastructure mapping with AI-powered analysis, InsureMEP can identify potential equipment failures, water leak risks, and operational weaknesses before they become expensive insurance claims.
The conversation covers how facility teams can use simple smartphone photos to build detailed infrastructure records, why institutional knowledge often disappears when long-time engineers retire, and how predictive risk analysis could transform commercial real estate insurance underwriting.
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