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Water damage is the biggest single cause of home insurance claims, accounting for $17 billion of claims every year in the usa and uk In a recent interview with proactive, craig foster, ceo of ondo insurtech plc (lse:ondo), shared insights into the company's ambitious plans to scale its leakbot device across the u.s See how leakbot is consistently reducing frequency, severity and overall cost of water damage claims.
Sagesure policyholders in new jersey becomes the first u.s
13 february 2025 ondo insurtech plc (ondo or the company) liberty mutual insurance to pilot leakbot in the united states ondo insurtech plc (lse Ondo), a leading company in claims prevention technology for home insurers, is pleased to confirm that liberty mutual insurance, the 6th largest personal lines p&c insurer in the us, has signed a contract with leakbot usa inc After an initial launch in new jersey, the new contract will bring leakbot to homeowners in virginia, pennsylvania, indiana and ohio. The two companies will provide a limited number of leakbot devices to nationwide customers in 16 states, including idaho, illinois, indiana, kentucky, maryland, montana, north carolina, ohio, oregon, pennsylvania, tennessee, utah, vermont, virginia, washington and west virginia
Craig foster, ceo, ondo insurtech plc.
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