Scription

Scription is a Calgary- and Edmonton-born insurtech that flips the economics of equipment repair. Instead of paying technicians by the hour - who earn most when things break - restaurant and commercial operators pay Scription a fixed monthly or annual premium that bundles servicing, parts and coverage into one predictable number. Its Scription360 program and RoofIQ risk-scoring engine use historical maintenance data, predictive analytics and IoT to price insurance-backed subscriptions for individual pieces of foodservice and HVAC equipment, aligning everyone's incentives around uptime rather than downtime.