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HomeServe Labs wins Corporate Entrepreneur Awards

Posted 27 October 2016 11:24 AM by John Greaves

LeakBot has won a Corporate Entrepreneur Award for best new product.  Developed by HomeServe Labs, LeakBot uses intelligent technology to detect water leaks in the home from just one easy-to-connect smart device.

The Corporate Entrepreneur Awards, run by Market Gravity, a proposition design consultancy, recognise innovation from large British companies. Now in its seventh consecutive year, the awards identify ground-breaking developments and innovative products and services across a variety of sectors including the Internet of Things (IoT).

LeakBot has been designed to help protect consumers from the impact of water damage at home, by alerting people of leaks before they become big problems, all from one device which anyone can install at home. It was awarded in the ‘New Product of Service’ category, which was voted on by members of the public . The device was praised by individuals as ‘highly innovative’ and a ‘game-changer’ in the market.

This latest win comes just one month after the LeakBot won the Internet of Things Breakthrough product award at the prestigious Insurance Times Tech & Innovation Awards.

Craig Foster, Managing Director of HomeServe Labs, comments: “Water leaks are the second biggest cause of home insurance claims. LeakBot was designed to stop leaks before they become big problems, so the device has a significant and positive impact on consumers’ lives, as well as offering benefits to the insurance industry.

“The innovative technology behind it quickly alerts you to any potential problems, and its smart design and intelligent algorithm can tell the difference between day-to-day water use and a persistent leak. It is a real honour to win the Corporate Entrepreneurs Award especially as LeakBot was launched only four months ago. The level of recognition it is getting is testament to its innovative and helpful nature.”

Robin Scarborough, Partner and Managing Director of Market Gravity, says: Corporate entrepreneurs, or intrapreneurs, are bringing new concepts and ideas to large organisations, injecting a startup mentality, and introducing agile working methods to design and launch new products and services to allow them to maintain a competitive edge. We work alongside some brilliant teams across a range of sectors, helping big companies to create and launch new products and services for commercial growth and it's always great to get together with these innovators at the awards. Our congratulations go to all the winners and their fantastic projects as well as to all the shortlisted companies.”

The award ceremony took place on 20th October at Kings Place, London, and around 200 of the UK’s most creative, disruptive and entrepreneurial business leaders attended the unique event.

Read more about the awards on the website: http://corporateentrepreneurawards.co.uk/

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About HomeServe Labs                   

HomeServe Labs is a smart home technology developer that designs products and services which make consumers’ lives easier. HomeServe Labs was born out of HomeServe, one of the UK’s leading home assistance provider, which has been delivering maintenance and repair services to over two million Customers across the UK for over 20 years.

HomeServe Labs combines HomeServe’s experience with its entrepreneurial and highly creative team to build original solutions for the connected home. The first product to come to market created by HomeServe Labs is LeakBot which uses intelligent technology to detect water leaks in the home from just one smart device, without the need for professional installation. LeakBot alerts consumers of small leaks before they become big problems, with the aim of helping to protect homes from the impact of water damage.

HomeServe Labs is an exciting new British business founded in 2013 with offices in both London and Walsall.

About HomeServe

We are one of the UK’s leading home assistance providers. For more than 20 years we have made our Customers’ lives easier by delivering maintenance and repair services, including plumbing, drainage, electrics, heating and much more, though our own nationwide network of engineers and sub-contractors.

Over two million people in the UK have already placed their trust in us and turn to us when it comes to fixing, maintaining and looking after their home.

Follow HomeServe on Facebook and Twitter: @HomeServeUK

Read HomeServe’s online lifestyle magazine: ketchup.homeserve.com   

HomeServe Membership Contact:

For media enquiries contact Stella Pitt, HomeServe’s External Communications Manager, on 01922 651508. Alternatively email press@homeserve.com