(Alliance News) - Ondo InsurTech PLC on Monday said that the need for its product was growing as it announced a halved half-year loss as revenue increased faster than costs. Read More
Ondo InsurTech PLC - London-based claims prevention technology firm for home insurers - Partners with Ohio-based insurance and financial services firm Nationwide to offer Leakbot device to US homeowners insurance customers as part of its Smart Home Program. "This new offering will help to fill a common protection gap that many homeowners may face", it says. LeakBot is a self-install claims prevention technology which connects to the wireless network of a home, alerting customers if it detects a leak. Says it is working with Nationwide towards the first state launch, which is scheduled for early 2024. Read More
Ondo InsurTech PLC - London-based claims prevention technology firm for home insurers - Non-Executive Director Andy Morrison sells 600,000 shares at a price of 30.0 pence each, worth GBP180,000, in London on Monday. Following the transaction, Morrison is now interested in 3.0 million shares, a 3.8% stake. Read More
(Alliance News) - Ondo InsurTech PLC on Wednesday said it has agreed with Southern Water to introduce LeakBot and "drive water efficiency" within their area. Read More
(Alliance News) - Ondo InsurTech PLC on Tuesday said it has agreed to partner with PURE Insurance on the distribution of its LeakBot system. Read More
(Alliance News) - Ondo InsurTech PLC on Monday said it has signed a new affiliate partnership with Waterwise. Read More
(Alliance News) - Ondo InsurTech PLC on Tuesday said it agreed to restructure its five-year loan notes with its largest shareholder Homeserve Assistance Ltd, prompting shares to rise. Read More
(Alliance News) - Ondo InsurTech PLC on Monday it signed a new five-year contract with a division Sweden's largest non-life insurer Landsforsakringar to support the national rollout of LeakBot, a smart water leak alarm that spots hidden leaks before they become big problems. Read More
(Alliance News) - Ondo InsurTech PLC on Thursday said it signed an exclusive deal with Firemark Collective to run a new LeakBot proof-of-concept pilot for Australia and New Zealand markets. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday. Read More
(Alliance News) - Ondo InsurTech PLC on Wednesday said that it has signed on for a temporary pilot programme with G4S Ltd, in order to test a potential business model for Leakbot in Denmark. Read More
Ondo InsurTech PLC - London-based company focused on claims prevention technology for home insurers - Wins a deal with Mutual of Enumclaw to distribute its LeakBot system to homeowner insurance customers in Washington State. Says Mutual of Enumclaw will deliver 10,000 devices for installation in its customers' homes. Says units are expected to be installed in the six months starting from August. Read More
(Alliance News) - Ondo InsurTech PLC on Tuesday said results from the Portsmouth Water LeakBot pilot showed a 60% reduction in the number of leaks, calling for GBP100 million to install the technology across the UK. Read More
Ondo InsurTech PLC - London-based company focused on claims prevention technology for home insurers - Says Portsmouth Water and Ondo will jointly reveal the results of the LeakBot pilot programme at the Water Industry Spring Innovation Knowledge Showcase event on June 6. Explains the England and Wales water regulator Ofwat wants water companies to drive down household water consumption by 35 litres per day. States Portsmouth Water has partnered with Ondo to discover whether LeakBot can be used by a water company to reduce water demand through the prevention of plumbing-side leakage in homes. Read More
Ondo InsurTech PLC - London-based company focused on claims prevention technology for home insurers - Raises GBP815,000 via oversubscribed placing and subscription for 6.8 million new shares, priced at GBP0.12 each. An equal amount of warrants have also been issued at an exercise price of GBP0.12 each, valid for three years. Read More
(Alliance News) - Ondo InsurTech PLC on Thursday said it has signed a go-to-market partnership with WNS (Holdings) Ltd to accelerate LeakBot deployment in the US and beyond. Read More
(Alliance News) - Ondo InsurTech PLC on Monday said Swedish non-life insurer Lansforsakringar has commenced the rollout of LeakBot devices to policyholders across its regional businesses in Sweden. Read More