Ondo InsurTech PLC (LON:ONDO) New Partnership with PURE Insurance

Ondo InsurTech Announces New Partnership with PURE Insurance

Ondo InsurTech Plc (“Ondo”), the London-listed leader in claims prevention technology for home insurers, is pleased to announce a new partnership with PURE Insurance, a U.S.-based property and casualty insurance company designed exclusively for successful, responsible families.

PURE opened for business more than 15 years ago with the goal of offering something different in the insurance space: a company focused on doing what’s right for its membership (policyholders), one that promotes transparency and alignment of interests, and delivers greater value. Today, PURE is the most-awarded insurer in its category and serves a membership of more than 100,000 individuals and families across the U.S.

“We’re placing a greater emphasis on risk management and working hard to find solutions that can aid in reducing the occurrence of preventable claims for our membership-like those relating to water damage,” said Jason Metzger, Head of Risk Management at PURE Insurance. “Technologies like LeakBot allow our members to play an even greater role in loss prevention by identifying small leaks before they turn into large claims.”

PURE plans to pilot a program where it will distribute Ondo’s LeakBot system to a portion of its membership in select states. 

“We are very pleased to announce this new agreement today which demonstrates further validation by U.S. insurers,” said Craig Foster, CEO of Ondo InsurTech Plc. “We look forward to working with PURE.”

Enquiries

For further information, please visit www.ondoplc.com


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