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Insurtech Ondo has signed an settlement with South West Water so it may utilise LeakBot to scale back water leaks within the South West of England.
South West Water present water and wastewater providers to 1.8 million clients throughout Cornwall, the Isles of Scilly and components of Dorset and Somerset.
Moreover, South West Water will use Ondo and LeakBot to an preliminary 6.000 clients by the tip of March 2024. The aim is to scale back water wastage by alerting clients and resolving as many leaks as attainable, as shortly as attainable.
South West Water clients will probably be supplied a LeakBot and a free restore, with as many repairs as attainable being accomplished inside the first few months.
David Harris, South West Water’s drought and resilience director, mentioned: “LeakBot has grow to be a recognised title in leak detection and prevention within the water business and we’ve been impressed by the outcomes and suggestions seen to date. We’re at all times searching for revolutionary methods to interact with our clients and cut back water wastage. We’re excited to see the impression LeakBot can have on excessive utilization areas and past.”
Craig Foster, Ondo CEO, added: “The fast roll out of LeakBots inside the South West is additional proof of the traction we’re seeing from water firms who’re eager to see the impression we will have on decreasing leaks and water wastage inside a buyer’s house. A roll out with South West Water will permit us to assist forestall pointless wastage via home leaks. We look ahead to engaged on the deployment of the preliminary 6,000 LeakBots and any future exercise.”
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In 2024, Ondo signed an settlement with Selective Insurance coverage Group to supply LeakBot to its eligible owners policyholders.
London-based Onto is a pacesetter in water harm claims prevention know-how and can now work with the US-based property and casualty agency Selective.
In 2023, Ondo struck an alliance with LB Forsikring to additional the distribution of its LeakBot claims prevention know-how in Demark.
LeakBot, designed to avert water harm claims, is a patented, self-install machine that connects to house networks.
It alerts owners about leaks by way of a cell app and affords entry to engineering help.
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