(via NewsDirect)
This initiative is part of a broader effort to address water scarcity in the
In the US, Ondo InsurTech is expanding its footprint, inking a deal with Selective Insurance, the US property and casualty group, which will offer its LeakBot, a self-install leak detection unit, to policyholders.
The company has now signed agreements with four major insurers in the past nine months, including a significant partnership with Nationwide. These deals demonstrate the company's growing momentum in the US market, where insurers spend around
Foster also mentioned Ondo InsurTech's nomination for the Breakthrough of the Year Award at the 2023 PLC Awards, competing against giants like Rolls Royce. Despite considering its chances slim, Foster sees the nomination as an honour and an indication of the company's innovative impact in addressing water conservation and leak prevention.
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