Ondo

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Ondo InsurTech Announce Full Year Results to 31 March 2024

CEO Craig Foster, CFO Kevin Withington and Chairman Mark Wood present full year results on Tue 30 July 2024

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

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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%

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