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Ondo InsurTech Plc ( (GB:ONDO) ) has issued an announcement.
Ondo InsurTech Plc announced the expansion of its LeakBot program in partnership with PURE Insurance, extending the program from New York to six additional states. This expansion follows a successful pilot and aims to help PURE Insurance members prevent water damage, the most common cause of loss, thereby enhancing member engagement and offering a promising tool against water-related insurance claims.
More about Ondo InsurTech Plc
Ondo InsurTech Plc is a world-leading provider of claims prevention technology for home insurers, focusing on global scale-up of its patented LeakBot technology. LeakBot helps prevent water damage claims, a significant cause of home insurance claims, and partners with 23 insurance carriers across Europe and the USA. Ondo holds the London Stock Exchange Green Economy Mark for its green activities.
YTD Price Performance: -4.50%
Average Trading Volume: 754,504
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £48.02M
See more data about ONDO stock on TipRanks’ Stock Analysis page.
