Claims prevention insurtech for residence insurers Ondo has been given the ISO/IEC 27001:2022 (ISO 27001) certification.
ISO 27001 is a world safety customary that determines the necessities for establishing, utilizing, sustaining and enhancing an Info Safety Administration System (ISMS).
Ondo fast-tracked this course of so it may be an authorized provider to Nationwide, a significant monetary providers agency within the US.
As well as, the scope of Ondo’s ISMS contains the property, applied sciences, and processes employed by Ondo for processing, administration, and supply of LeakBot providers to its clients worldwide.
Craig Foster, Ondo CEO, mentioned: “All of our Insurance coverage companions have very rigorous necessities as regards to data safety. The third celebration affirmation of the ISO 27001 Certification is one other step in Ondo’s development story and demonstrates to new and present companions that we’re able to take care of the very largest insurers on the planet akin to Nationwide.”
In February 2024, Ondo signed an settlement with South West Water so it could utilise LeakBot to cut back water leaks within the South West of England.
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South West Water present water and wastewater providers to 1.8 million clients throughout Cornwall, the Isles of Scilly and elements of Dorset and Somerset.
Moreover, South West Water will use Ondo and LeakBot to an preliminary 6.000 clients by the tip of March 2024. The objective is to cut back water wastage by alerting clients and resolving as many leaks as doable, as shortly as doable.
South West Water clients will likely be provided a LeakBot and a free restore, with as many repairs as doable being accomplished inside the first few months.
