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Ondo Insurtech (ONDO) Share News

IN BRIEF: Ondo InsurTech offers LeakBot to NFU Mutual customers

3rd Sep 2024 18:45

Ondo InsurTech PLC - London-based claim prevention technology firm for home insurers - Signs contract to provide members of insurer National Farmers Union Mutual with its LeakBot water leak detection system. Says NFU will roll out 17,000 LeakBots to customers between October and January. Pending successful rollout, says further systems to be delivered across NFU's its member base, of which it has 900,000. Read More

IN BRIEF: Ondo InsurTech wins contract with US insurer

30th Jul 2024 14:41

Ondo InsurTech PLC - London-based claim prevention technology firm for home insurers - Says it has signed a contract with an unnamed "US super regional personal lines insurer", which is said manages over USD2.0 billion of personal lines home, motor and umbrella insurance policies. The new insurance partner will start to deploy LeakBot to their customers based in New Jersey beginning in the third quarterf of 2024, offering the LeakBot sensor and repair service free of charge to their customers. Says this is the second insurer to launch LeakBot in New Jersey, and the fifth US insurance company to adopt LeakBot within the last 12 months. Read More

Ondo InsurTech sets sight on US market expansion as revenue jumps 13%

29th Jul 2024 14:29

(Alliance News) - Ondo InsurTech PLC on Monday said losses had narrowed in the last financial year as the company reports double-digit revenue and customer growth. Read More

UK earnings, trading statements calendar - next 7 days

22nd Jul 2024 13:46

Ondo InsurTech partners expand LeakBot solution into Washington state

10th Jun 2024 11:55

(Alliance News) - Ondo InsurTech PLC on Monday announced further advancements to the expansion of its US operations. Read More

TRADING UPDATES: Future Metals celebrates state government grant

15th May 2024 21:43

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

IN BRIEF: Ondo InsurTech plans to raise GBP4.2 million

13th May 2024 18:42

Ondo InsurTech PLC - London-based provider of claims prevention technology for home insurers - Plans to raise GBP3.0 million via a placing to new and existing institutional investors at 14.0 pence per share. Further, proposes to raise GBP1.2 million via open offer at the same price. Terms of open offer are 1 new open offer share for every 10 existing shares. Net proceeds to be used to establish an administration and service support centre in the US; build and expand operations across the US; and provide working capital to finance growth in rollouts. Read More

TRADING UPDATES: RentGuarantor revenue up; Aura progresses Tiris

29th Apr 2024 17:14

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

TRADING UPDATES: System1 revenue jumps; Pathfinder amends deal

16th Apr 2024 20:19

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

Ondo InsurTech shares up on agreement with South West Water

26th Feb 2024 09:33

(Alliance News) - Ondo InsurTech PLC on Monday said it has signed an agreement with South West Water to reduce water leaks in the south west of England. Read More

IN BRIEF: Ondo InsurTech inks Leakbot deal with Selective Agreement

21st Feb 2024 11:43

Ondo InsurTech PLC - London-based claims prevention technology firm - Signs agreement with Selective Agreement Group for the use of Leakbot. LeakBot is a self-install claims prevention technology which connects to the wireless network of a home, alerting customers if it detects a leak. Read More

Ondo InsurTech expands distribution deal with Danish insurer

3rd Jan 2024 10:13

(Alliance News) - Ondo InsurTech PLC on Wednesday said it has agreed a deal with LB Forsikring to increase the distribution of its LeakBot technology in Denmark. Read More

EARNINGS AND TRADING: Dispensa and SkinBioTherapeutics losses widen

30th Nov 2023 21:10

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

Ondo InsurTech interim loss narrows as revenue growth outpaces costs

20th Nov 2023 16:15

(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

IN BRIEF: Ondo InsurTech surges on Nationwide partnership

14th Nov 2023 12:12

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

UK shareholder meetings calendar - next 7 days

13th Nov 2023 15:48

UK shareholder meetings calendar - next 7 days

18th Sep 2023 15:55

IN BRIEF: Ondo InsurTech Non-Exec Morrison sells GBP180,000 in shares

15th Aug 2023 10:55

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

Ondo InsurTech agrees deal with Southern Water to introduce LeakBot

9th Aug 2023 12:07

(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

Ondo InsurTech signs distribution deal with PURE Insurance

8th Aug 2023 11:34

(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

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