Ondo InsurTech Plc is on a mission to become the world’s leading provider of claims prevention technology for home insurers.
Ondo’s focus is on the global scale-up of LeakBot – an end-to-end internet of things solution which protects homes from the impact of water damage. Water damage is the single biggest cause of home insurance claims, accounting for $17bn of claims every year in the USA and UK combined.
LeakBot is a patented self-install solution that connects to the home wireless network and, if it detects a leak, notifies the customer via the LeakBot mobile app and provides access to a team of expert LeakBot engineers to ‘find and fix’ the problem. Recent independent research by Consumer Intelligence found LeakBot can reduce the cost of water damage claims by 70%.
LeakBot partners with 11 insurance carriers - including Admiral, Direct Line Group, Hiscox, Mapfre and TopDanmark - across 5 different countries, in Europe and the USA.
In March 2022 LeakBot became the first InsurTech to IPO in London, as Ondo InsurTech Plc (LSE:ONDO).
Company Details
- Employees
- 16
- Founded
- -
- Industry
- It Services And It Consulting
- NAICS
-
Computer Systems Design and Related ServicesOther Computer Related Services
- Website
- http://www.ondoplc.com
- Keywords
- IT Consulting.
Ondo Insurtech Plc Questions
Ondo Insurtech Plc's website is http://www.ondoplc.com
Ondo Insurtech Plc's LinkedIn profile is https://www.linkedin.com/company/ondoplc
Ondo Insurtech Plc has
16 employees.
View email and phone details for 16
employees at Ondo Insurtech Plc.
Ondo Insurtech Plc's industry is
IT Services and IT Consulting
Ondo Insurtech Plc's top competitors are
Flock,
Earnix,
Iot Insurance Observatory,
Nfu Mutual,
Previsico,
Arbol,
Homeserve Uk,
Cassiopeia Agency,
Ai Forge,
Leakbot.
Ondo Insurtech Plc's categories are IT Services and IT Consulting
Ondo Insurtech Plc's founding year is 2021
