Shutgun, Fire Sprinkler Deactivation Tool, Saves Insurance Companies Money from Water Damage Claims - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 12, 2012 Newswires
Share
Share
Tweet
Email

Shutgun, Fire Sprinkler Deactivation Tool, Saves Insurance Companies Money from Water Damage Claims

PR Web

(PRWEB) April 12, 2012

Water damage claims from accidental fire sprinkler activations hurt the bottom line of Insurance companies and increase the premiums of property owners. Shutgun, an innovative Fire Sprinkler Deactivation Tool, can reduce these problems. When a sprinkler head is activated shutting it off quickly is critical. Minutes can mean the difference between a single room being out of operation for a few days to multiple rooms on many floors being unavailable for weeks.

Ross Humphry, President of Canadian Safety Equipment, says that he is encouraging Canadian insurance companies to offer incentives to buildings that have the Shutgun on every floor. “It only makes sense,” he adds, “as the insurance companies will be the ones to save money in the long run.”

Other industry specialists agree. Joe Fisco of Petra Risk Solutions in California says, "I believe that insurance companies should offer a credit to property owners who have Shutguns in every fire hose cabinet in their buildings. The bottom line is that water damage is costly and the Shutgun can greatly reduce the amount of money that gets paid out in water damage claims." Joe, who is an advocate for the Shutgun in the hotel industry, continues by saying, "It's actually a win/win/win for everyone. The insurance companies save money and the building owners and fire departments save time, money and productivity. Is the Shutgun worth an incentive? Absolutely!"

A fire sprinkler head that is activated and not immediately shut off can easily cause tens of thousands to hundreds of thousands of dollars in damage. Greg Patterson, President of Technicraft Product Design Inc., says, “In some ways the Shutgun is insurance for the insurance companies and it has proven its value in real life situations.”

Shutgun, designed by a Toronto District Fire Chief of 35 years, provides fire fighters, emergency response teams and property managers with a one-handed, easy-to-use fire sprinkler shut off tool. With the Shutgun you do not need to shut off the water supply to the sprinkler system until it is time to change the head thus giving you continued fire protection. You even have protection at the site of the activation because Shutgun’s fusible link will melt and the tool will release in the event of a fire. Also, while the system is being drained, water will not be escaping from the activated head. Shutgun works to shut off most types of sprinkler heads including the recessed style now popular in commercial complexes.

If you will be attending the RIMS Conference make a point of visiting Greg in booth 241 for a demonstration of Shutgun and the Water Protection Kit.

Greg Patterson 1-866-827-8711    Greg(at)technicraftdesign(dot)com     http://www.shutgun.ca

Read the full story at http://www.prweb.com/releases/2012/4/prweb9378914.htm

Copyright:  (c) 2012 PRWEB.COM Newswire
Wordcount:  447

Older

Insurance Industry Unites Around Education

Newer

Insurance Commissioner Dave Jones Announces Medical Malpractice Rates Lowered For Two More Malpractice Insurers

Advisor News

  • 2025 Top 5 Advisor Stories: From the ‘Age Wave’ to Gen Z angst
  • Flexibility is the future of employee financial wellness benefits
  • Bill aims to boost access to work retirement plans for millions of Americans
  • A new era of advisor support for caregiving
  • Millennial Dilemma: Home ownership or retirement security?
More Advisor News

Annuity News

  • Great-West Life & Annuity Insurance Company Trademark Application for “EMPOWER BENEFIT CONSULTING SERVICES” Filed: Great-West Life & Annuity Insurance Company
  • 2025 Top 5 Annuity Stories: Lawsuits, layoffs and Brighthouse sale rumors
  • An Application for the Trademark “DYNAMIC RETIREMENT MANAGER” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Product understanding will drive the future of insurance
  • Prudential launches FlexGuard 2.0 RILA
More Annuity News

Health/Employee Benefits News

  • Get Covered Illinois extends first open enrollment deadline
  • Trump's idea for health accounts not new
  • Out-of-pocket pain means skimping on care
  • Trump's idea for health accounts was tried; debt soared
  • How to Appeal a Medicare Coverage Denial
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • 2025 Top 5 Life Insurance Stories: IUL takes center stage as lawsuits pile up
  • Private placement securities continue to be attractive to insurers
  • Inszone Insurance Services Expands Benefits Department in Michigan with Acquisition of Voyage Benefits, LLC
  • Affordability pressures are reshaping pricing, products and strategy for 2026
  • How the life insurance industry can reach the social media generations
More Life Insurance News

- Presented By -

Top Read Stories

  • How the life insurance industry can reach the social media generations
More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • Two industry finance experts join National Life Group amid accelerated growth
  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2025 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet