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Ondo InsurTech Plc ( (GB:ONDO) ) has issued an announcement.
Ondo InsurTech Plc has announced that Mutual of Enumclaw Insurance is expanding its LeakBot program to policyholders in Eastern Washington and Oregon, following a successful pilot project. This expansion is expected to enhance Ondo’s market presence and provide significant benefits to policyholders by preventing water damage, thus reducing insurance claims.
More about Ondo InsurTech Plc
Ondo InsurTech Plc is a leading provider of claims prevention technology for home insurers, focusing on the global scale-up of LeakBot, a patented solution that prevents water damage claims. The company partners with 23 insurance carriers across Europe and the USA and holds the London Stock Exchange Green Economy Mark.
YTD Price Performance: -13.75%
Average Trading Volume: 630,182
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £43.37M
For an in-depth examination of ONDO stock, go to TipRanks’ Stock Analysis page.