Ondo

Sustainable Risk Reduction

Our mission is to lead the revolution toward sustainable risk reduction firstly with the global scale up of LeakBot

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Good for insurers

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Prevents claims

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Good for the planet

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Reduces waste

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Good for homeowners

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Lowers insurance premiums

1 trillion

Domestic water leaks waste 1 trillion gallons of water every year in the USA

$17 billion

Domestic water leaks cause $17bn of claims each year in USA and UK with the debris from 1.6 million claims ending up in landfill

$107 billion GWP

Homeowners pay the price through their premiums – water damage is c. 30%* of home insurance claims in this $107bn annual premium business

Data for UK (Source: Association of British Insurers)
USA (Source: Insurance Information Institute)

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LeakBot is a leading patented InsurTech system that is proven to reduce water damage claims costs by 70%

Visit Leakbot.io to learn more

Investors

Ondo InsurTech announce Interim Results to September 30 2023

CEO Craig Foster and CFO Kevin Withington hosted an Investor Presentation on Tue 21 Nov 2023

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Download our free Whitepaper based on the latest independent research from Consumer Intelligence to find out how IOT technologies can radically reduce insurance claims

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