Water has a high heat capacity, or the ability to "hold on to" heat well; this property aids in the regulation of body temperature in both organisms and cells. Sweating is another way that water can be used to cool down an overheated organism.
Warm-blooded animals employ water's high heat capacity to more efficiently distribute heat throughout their bodies.
Water works like a car's cooling system, moving heat from warm to cold areas and allowing the body to maintain a more constant temperature.
The body requires water to maintain temperature because it is a good heat conductor and absorber.
Water can absorb a lot of heat before its temperature increases because of its large heat capacity.
This characteristic enables the water to function as a buffer against abrupt temperature changes in every cell of the human body.