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Ondo InsurTech Plc held its Annual General Meeting on 25 September 2026. The company reported Active LeakBots reached 172,862 at the end of August 2026, a 34.8% increase from August 2025's 128,237, with USA Active LeakBots rising 65.8% to 70,748. Additionally, an order for 35,000 LeakBot units from Nationwide was executed, and the post-visit Net Promoter Score averaged +84 across all regions between April and September 2026.
| Date | 25 Sept 2026 |
| Time | 07:00:06 |
| Category | AGMs and other meetings |
| ID | 2470W |
25 September 2026
Ondo InsurTech Plc
("Ondo" or the "Company")
AGM Trading Statement
Ondo InsurTech Plc (LSE: ONDO), a leader in claims prevention technology for home insurers, is holding its Annual General Meeting at 10am today. At the meeting, Chairman Mark Wood will address shareholders with the following update:
"Since releasing our full-year results to 31 March 2026 on 30 July 2026, we have continued to make progress across all four of our markets."
Active LeakBots reached 172,862 at the end of August 2026, up 34.8% on August 2025 (128,237). The USA led that growth, rising 65.8% to 70,748 Active LeakBots.
In the United States, further to the announcement on 22 June 2026 which stated Nationwide confirmed their intention to order a further 35,000 LeakBots, the Company is pleased to confirm an order for the 35,000 units has been executed. This is the largest order in our partnership so far and shows Nationwide's continued confidence in the programme.
Next week, our CEO Craig Foster will present with Nationwide at InsurTech Connect in Las Vegas. They will set out the playbook for getting measurable return on investment from Predict & Prevent technology such as LeakBot, showing how LeakBot is proven to reduce claim frequency by 60%.
Customer satisfaction remains central to our proposition. Our post-visit Net Promoter Score stands at a world class +84 average across all regions, based on more than 1,500 customer surveys completed between April and September 2026.
Looking ahead, we are focused on converting commercial momentum into growth in recurring revenue, deepening our existing insurer relationships and adding new carriers."
ENQUIRIES
For further information, please visit www.ondoplc.com or contact the following:
|
Ondo InsurTech Plc |
Mark Wood, Executive Chairman Craig Foster, CEO Kevin Withington, CFO Kam Bansil (IR) |
+44 (0) 800 783 9866 |
|
Singer Capital Markets |
Charles Leigh-Pemberton Jen Boorer James Todd Anastassiya Eley |
+44 (0) 20 7496 3000 |
ABOUT ONDO INSURTECH PLC
Ondo is a world-leading provider of claims prevention technology for home insurers. Ondo's focus is on the global scale-up of LeakBot, the technology that prevents water damage claims in homes. Water damage is the single biggest cause of home insurance claims, accounting for $17 billion annually in the USA and UK combined. LeakBot is a patented, self-install solution that connects to a home's wireless network and alerts the homeowner via the LeakBot mobile app if a leak is detected, offering access to a team of expert engineers to locate and fix the issue.
Ondo partners with 28 insurance carriers, including Nationwide, Liberty Mutual, Admiral, Direct Line Group, Hiscox, Länsförsäkringar and TopDanmark, across Europe and the USA. Ondo holds the London Stock Exchange Green Economy Mark, awarded to companies deriving the majority of their income from green activities.