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RNS Number : 7577G  Ondo InsurTech PLC  10 November 2025

 

 

10 November  2025

 

Ondo InsurTech Plc

("Ondo" or "the Company")

 

 

Westfield Insurance to Deploy LeakBot in the United States

 

 

Ondo Insurtech (LSE: ONDO), a leading company in claims prevention technology
for home insurers, is pleased to confirm that Westfield Insurance
("Westfield") has signed a contract with LeakBot USA Inc.

 

Westfield will begin by deploying 10,000 LeakBot devices and connected
services for homeowners' insurance customers in Ohio, Indiana, and
Pennsylvania, states in which Ondo has existing client coverage. Consistent
with other commercial contracts, the agreement involves upfront payments ahead
of anticipated shipments.

 

 

This initiative reflects Westfield's continued investment in proactive claims
prevention, leveraging innovative technology to help customers detect and
address water leaks early, reduce loss costs, and enhance the overall customer
experience.

 

 

Craig Foster, Ondo CEO, says: "We are pleased to partner with Westfield and
look forward to providing them with the same compelling results we are
delivering to all our insurance company partners worldwide."

 

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
 Dowgate Capital Ltd                Russell Cook            +44 (0) 20 3903 7715

 (Broker & Financial Advisor)       Charlie Hall

                                    Amber Higgs
 Cassiopeia Services Ltd            Stefania Barbaglio       +44 (0) 7949 690338

 (PR & Investor Relations)

 

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 25 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/)

 

 

About Westfield Insurance

 

Founded in 1848, Westfield is a leading U.S.-based property and casualty
insurer. The company underwrites commercial, personal, surety, and specialty
lines of coverage through a network of independent agents and brokers. With
the acquisition of Lloyd's of London Syndicate 1200, in February 2023
Westfield has expanded its reach as a global insurance franchise.

 

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