Ondo InsurTech Plc (“Ondo”), the London-listed leader in claims prevention technology for home insurers, is pleased to announce a new one-month pilot programme with G4S in Denmark to test a supplemental go-to-market model for Leakbot in Denmark.
G4S is a leading global security and facilities services company owned by Allied Universal, with over 800,000 employees and $20bn in revenues.
In Denmark, G4S is a leading provider of smart alarm systems with their G4S Shield alarm and emergency response network. G4S Shield has over 70,000 active customers in Denmark and acquires these customers by working with Danish insurance companies to generate sales leads for in-home security visits.
The one-month rapid pilot programme will test whether G4S can use the offer of the installation of a free LeakBot to incentivise customers of one of Denmark’s largest insurers to accept an in-home security assessment visit. If successful, the “Free LeakBot” offer will be marketed to this insurer’s customers at scale, becoming a key part of G4S Shield’s customer growth activities in Denmark.
Martin Hansen, G4S Denmark Head of Product says: “This trial could provide a win-win-win, with customers receiving LeakBot technology for free, our insurance partners experiencing lower water damage claims, and G4S creating opportunities to further protect Danish people’s homes.”
Craig Foster, Ondo CEO, says: “This is an interesting test of a new route to market, with a potential opportunity to expand our reach in Denmark with one of the largest Danish insurance companies through G4S, who already have a significant presence in the Danish market. We look forward to seeing the results and progressing conversations with G4S and the insurer.”
