Ondo InsurTech PLC (AIM:ONDO) Contract announcement

Selective Insurance Group sign contract to offer LeakBot to eligible Homeowner Policyholders in the United States

Ondo InsurTech Plc (LSE: ONDO), the London-listed leader in water damage claims prevention technology for home insurers, is pleased to announce that it has signed an agreement with Selective Insurance Group (“Selective”) the US-based Property and Casualty carrier for Selective to offer LeakBot to its eligible homeowners policyholders.

Great to announce our 4th prominent US Insurer in 9 months signing up to utilise @LeakBot_HQ to mitigate water damage claims #ONDO. Selective are NASDAQ-listed carrier operating mostly in North East of USA #InsurTech #IOT #GreenEconomyMark #MadeInBritain https://t.co/uzMMaGLl9s

— Craig Foster (@foster_ideas) February 21, 2024

Craig Foster, Ondo CEO, said: “We are pleased to add another well-known US insurer to our list of partners and we share the same ambitions and aspirations as Selective – to use technology to protect the homes of families and reduce the risk of property water damage.”

Allen Anderson, Senior Vice President, Personal Lines, Selective stated: “We provide customized risk management solutions to help serve our customers’ unique needs and actively seek innovations that help them mitigate risk. LeakBot’s innovative technology can help our customers reduce the risk of water-related property damage“.   

Enquiries

For further information, please visit www.ondoplc.com  or contact the following: 

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