Craig Foster,Ondo InsurTech PLC (LSE:ONDO)’s CEO, talks to Proactive about its new customer in Denmark and why its LeakBot technology is so popular in the country.
LeakBot is used by insurance companies to identify leaks in household pipes before they cause serious water damage, a problem that costs £17bn annually in the UK and US alone.
Danish insurer Privatsikring is its third Danish client and will offer LeakBot for free in Denmark with repair services also provided by Ondo.