Ondo InsurTech Plc (GB:ONDO) has released an update.
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Ondo InsurTech Plc, a leading claims prevention technology provider, has announced a significant contract win with a $2bn U.S. insurer to deploy their LeakBot service in New Jersey. This partnership marks the second New Jersey insurer and the fifth in the U.S. to adopt LeakBot in the past year, reflecting Ondo’s growing presence in the American insurance market. LeakBot aims to reduce water damage claims, which are the most common and costly for homeowners, by 70% through its innovative technology and repair services.
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