Ondo InsurTech PLCLSE Ondo InsurTech Stock Report

Ondo InsurTech Plc operates a patented water security system that prevents small leaks from turning into insurance claims. The firm delivers sustainable risk education for home insurers. The firm offers LeakBot, which is a patented InsurTech system that solves the problem for home insurers. LeakBot is an end-to-end, Internet of Things (IoT) escape of water claims mitigation solution. LeakBot works 24/7, monitoring the home for hidden leaks and bursts, and instant alerts are sent to customers smartphones if there is a problem. Its patented Thermi-Q technology accurately measures both the air and water temperatures in the home. The firm also provides LeakBot’s application that allows customers to receive instant alerts and makes it easy to check on their homes from anywhere in the world.