RCS - Ondo InsurTech PLC - Alm. Brand Group Extends LeakBot Programme

Ondo InsurTechAnnouncement

13/04/2026 07:00

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RNS Number : 8613Z  Ondo InsurTech PLC  13 April 2026

13 April 2026

Ondo InsurTech Plc

("Ondo" or "the Company")

Alm. Brand Group Extends LeakBot Programme

Alm. Brand Group offers LeakBot to 160,000 homeowners to prevent water damage

Ondo InsurTech Plc (LSE: ONDO), a leading provider of claims‑prevention
technology for home insurers, is pleased to announce that Alm. Brand Group has
extended its LeakBot programme, offering the device to up to 160,000
homeowners across its customer base as part of its commitment to preventing
water damage claims.

This announcement follows the rollout confirmed in February 2026, in which
Alm. Brand Group committed to distributing a minimum of 15,000 LeakBot devices
over 18 months.

Alm. Brand Group has now indicated that it intends to deploy LeakBot at a
greater scale, offering the device to up to 160,000 homeowners across its
brands, including Alm. Brand, Codan, and Privatsikring.

Craig Foster, CEO of Ondo InsurTech Plc, says: "This is a landmark development
in our relationship with Alm. Brand Group and a powerful statement of intent.
Extending LeakBot access to 160,000 homeowners is exactly the kind of scale-up
that demonstrates the compelling value our technology delivers to both
insurers and their customers. Denmark continues to be a strategically
important and high-performing market for LeakBot, and we look forward to
helping Alm. Brand Group prevent water damage at scale."

 

Enquiries

 

For further information, please visit (http://www.ondoplc.com/)
www.ondoplc.com (http://www.ondoplc.com/)   or contact the following:

 

 Ondo InsurTech Plc       Craig Foster, CEO        +44 (0) 800 783 9866

                          Kevin Withington, CFO
 Singer Capital Markets  Charles Leigh-Pemberton   +44 (0) 20 7496 3000

                         Jen Boorer                www.singercm.com (https://www.singercm.com)

                         James Todd

                         Anastassiya Eley

 

 

About Ondo InsurTech PLC

 

Ondo is a world leading provider of claims prevention technology for home
insurers.  Ondo's focus is on the global scale-up of LeakBot - claims
prevention technology that prevents water damage claims in houses. Water
damage is the single biggest cause of home insurance claims, accounting for
$17bn of claims every year in the USA and UK combined. LeakBot is a patented
self-install solution that connects to the home wireless network and, if it
detects a leak, notifies the customer via the LeakBot mobile app and provides
access to a team of expert LeakBot engineers to 'find and fix' the problem.
Independent research by Consumer Intelligence found LeakBot can reduce the
cost of water damage claims by up to 70%.

 

LeakBot partners with 26 insurance carriers - including Nationwide, Admiral,
Direct Line Group, Hiscox, Länsförsäkringar and TopDanmark - both in Europe
and the USA.

 

Ondo holds the coveted London Stock Exchange Green Economy Mark awarded to
companies who derive the majority of their income from green activities.

 

For more information, visit www.ondoplc.com (http://www.ondoplc.com/)

 

 

 

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