Appointment of Mark Wood as Chairman of HomeServe Labs
HomeServe plc (“HomeServe”, “the Group”), the international home repairs and improvements business, is pleased to announce the appointment of Mark Wood CBE as non-Executive Chairman of HomeServe Labs, the unit within HomeServe that developed LeakBot.
HomeServe Labs is the innovation arm of HomeServe which in 2016 launched LeakBot, a patented smart leak alarm that can detect leaks anywhere on a mains water system. Water leaks are one of the major causes of claims on home insurance policies across Western Europe and the US, and LeakBot is designed specifically to help insurance companies prevent water leak claims by catching the leaks early.
Craig Foster, LeakBot CEO, said: "Mark Wood is a previous CEO of AXA and a veteran of the insurance industry. This experience will really benefit us as a B2B Insuretech. Mark is also a successful entrepreneur himself, and more recently added a huge amount of value to promising fintech start-ups like PensionBee. With Mark on board as our new Chairman, we are excited to try and emulate the success of other London based start ups that he has been involved with.”
Mark Wood said : “I am delighted to be part of the team which invented LeakBot: a unique and proven technology which addresses a major cause of household claims. The business is at an inflexion point having secured trials across America and Europe as well as in the UK.”
HomeServe is an international home repairs and improvements business which provides people with access to tradespeople and technology to make home repairs and improvements easy. HomeServe is listed on the London Stock Exchange, with a market capitalisation of £4.2 billion.
Media enquiries: Tulchan Group
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
CA-GA-ASI11.11.2019 18:02:05 CET | Press release
GA-ASI to Conduct Series of Capability Demonstrations in Europe
AL-ZMC11.11.2019 18:02:05 CET | Press release
ZMC Partners With CommentSold
FINEOS-CORPORATION11.11.2019 15:22:09 CET | Press release
Novarica Market Navigator Report Validates FINEOS is the Market Leader in Life, Accident and Health Claims Systems in North America By Client Base
CA-PULMONX11.11.2019 14:32:06 CET | Press release
The New 2020 Report from the Global Initiative for Chronic Obstructive Lung Disease (GOLD) Gives Highest Evidence Rating to Endobronchial Valves, including the Zephyr Valve, for Treatment of Emphysema / COPD
JANSSEN11.11.2019 14:28:06 CET | Press release
TREMFYA®▼ (guselkumab), a First-in-Class IL-23 p19 Subunit Inhibitor, Meets Primary Endpoints of Superior ACR20 Responses versus Placebo at Week 24 in Phase 3 Psoriatic Arthritis Studies
NJ-WIPRO-LIMITED11.11.2019 13:57:05 CET | Press release
Wipro Implements SAP S/4HANA® for Sydney Water
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom