LeakBot

LeakBot, operated under Ondo InsurTech PLC, is the world leader in claims prevention technology for home insurers. The company produces a patented IoT device that clips onto a household water pipe and uses its proprietary Thermi-Q technology to detect even the smallest hidden micro-leaks before water damage occurs. Insurers deploy LeakBot as a policyholder benefit, and the service includes a find-and-fix repair solution bundled into a predictable per-policy fee.

Ond InsurTech was listed on the London Stock Exchange in 2022, giving LeakBot a dedicated public platform. The technology has proven to reduce water damage claims costs by approximately 70%, with partners reporting dramatic decreases in both claim frequency and severity.