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Ondo Insurtech Plc Signs Partnership Renewal With Hiscox

ONDO – London based insurance company announced about it’s extended partnership with international group of insurance – HISCOX , an early adopter of Leakbot system.

Previously in year 2019,on November 28th , HISCOX also expanded its partnership with Insurtech Instanda- the cloud based digital insurance platform.

And again on November 9, 2022 it’s did the same with Leakbot.

The FTSE 250 listed insurance group was working with Leakbot from past 3years and will again serve to the customers in UK. 

HISCOX had over 60000 home insurance claimed with plans to roll out the Leakbot system for reaching more of it’s customers, claimed by ONDO.

Currently, as per Customer Intelligence Reports this year, insurers saved 70% of their investments in water damage, stated Leakbot.

To this report, Cheralyn Perry , head private clients distributor at HISCOX claimed –“ The device helped them to decrease leakage frequency and impacts faced by water damage till now . And the outcomes were absolutely appealing.”

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