Ondo InsurTech PLC (LSE:ONDO) CEO Craig Foster speaks to Proactive's Thomas Warner after announcing that Swedish insurance group Länsförsäkringar has started to roll out its LeakBot device following a successful pilot in the country.
The announcement follows on from a rollout last month in Denmark.
Foster says that water damage accounts for £14bn of insurance claims in the UK and US alone each year, in a clear sign of Leakbot's "growth potential."