Solving an industry wide problem It’s widely known that escape of water claims are a big problem for insurers with $16bn a year spent on escape of water losses in US and UK alone. It’s less well known that over half of these claims are caused by mains water leaks and that the majority are small, hidden leaks that cause damage over a period of time. Escape of water seems like a great use case for IOT but so far nobody has really cracked the code on how to do it at scale… until now. A cutting edge, proven solution LeakBot is the world’s first end-to-end, IoT escape of water claims mitigation solution that already has a proven commercial model and business case for insurers.