Contract
Admiral signs two-year agreement to deploy additional 10,000 LeakBot devices in 2025.
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Ondo InsurTech Plc (LSE: ONDO), the claims prevention technology company for home insurers, is pleased to announce that Admiral has signed a new two-year agreement to continue offering LeakBot to its home insurance customers. As part of this renewed partnership, Admiral will deploy an additional 10,000 LeakBot devices in 2025.
Admiral is one of the top five UK home insurance providers and has been working with LeakBot since 2022, using the technology to help policyholders proactively detect and resolve hidden water leaks before they cause significant damage. The 10,000-device deployment will be implemented before the year end and supports Admiral's broader strategy to mitigate water damage risk and enhance service for policyholders.
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