Sustainable Risk Reduction
Our mission is to lead the revolution toward sustainable risk reduction firstly with the global scale up of LeakBot
Good for insurers
Prevents claims
Good for the planet
Reduces waste
Good for homeowners
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)
LeakBot is a leading patented InsurTech system that solves this problem for home insurers
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Spinnaker Acquisitions Plc publish Prospectus for Ondo InsurTech Plc ahead of readmission to the stock market
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