Alm. Brand Group to roll out LeakBot

Ondo InsurTech

09/02/2026 07:00

RNS Number : 0771S

Ondo InsurTech PLC

09 February 2026

 

9 February 2026

 

Ondo InsurTech Plc ("Ondo" or "the Company")

 

Alm. Brand Group to roll out LeakBot following successful trial; commits to distributing at least 15,000 devices in next 18 months

Ondo InsurTech Plc (LSE: ONDO), a leading provider of claims‑prevention technology for home insurers, is pleased to announce that Alm. Brand Group will roll out LeakBot across its customer base following the success of the initial trial phase and has committed to ordering and distributing a minimum of 15,000 LeakBot devices in the next 18 months.

The trial, launched in early 2025, focused on evaluating the impact of LeakBot on claims prevention, customer satisfaction and customer loyalty. Results verified expectations, leading Alm. Brand Group to expand deployment across its brands, which include Alm. Brand, Codan, and Privatsikring.

This rollout builds on Ondo's growing presence in Denmark, where multiple carriers are increasingly adopting LeakBot as part of their long term water damage prevention strategies.

 

Craig Foster, Ondo CEO, says: "We are delighted that Alm. Brand Group is moving from trial to full rollout. Denmark remains a strategically important market for LeakBot, and this decision reinforces the strong performance results we continue to see with our insurance partners in the region. We look forward to working with Alm. Brand Group to deliver meaningful reductions in water‑damage claims at scale."

 

 

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Enquiries

 

For further information, please visit www.ondoplc.com  or contact the following:

 

Ondo InsurTech Plc
Craig Foster, CEO
Kevin Withington, CFO
+44 (0) 800 783 9866
Singer Capital Markets
(Joint Broker)
Charles Leigh-Pemberton
Asha Chotai
James Todd
+44 (0) 20 7496 3000
www.singercm.com
Cassiopeia Services Ltd
(PR & Investor Relations)
Stefania Barbaglio
+44 (0) 7949 690338

 

 

 

 

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

 

 

 

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