Investor Event

RNS Number : 9805G

Ondo InsurTech PLC

21 November 2022

 

21 November 2022

Ondo InsurTech Plc ("Ondo" or "the Company")

Investor Event

Ondo InsurTech Plc ("Ondo"), a London-listed leading provider of claims prevention technology for home insurers, reminds investors that CEO Craig Foster and CFO Kevin Withington will be providing a live company presentation and Q&A today, 21st November, at 2pm (GMT).

The event is hosted virtually by the London Stock Exchange on its Spark Live Platform and is open to shareholders, prospective investors, journalists and financial analysts.

No new trading information will be included in this presentation.

Please register interest here:

https://www.lsegissuerservices.com/spark/ONDOINSURTECH/events/068ec42f-589e-40f1-9f9e-14533986c198

The presentation will subsequently be available on ONDO's company page on the London Stock Exchange website:

https://www.londonstockexchange.com/stock/ONDO/ondo-insurtech-plc/company-page

Enquiries

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

Ondo InsurTech Plc	Craig Foster, CEO	[phone]
SI Capital Ltd (Company Broker)	Nick Emerson Jon Levinson	[phone] [phone]
Cassiopeia Services Ltd (PR & Investor Relations)	Stefania Barbaglio	[phone]

About Ondo InsurTech Plc

Ondo InsurTech Plc is on a mission to become  the world's leading provider of claims prevention technology for home insurers.  Ondo's focus is on the global scale-up of LeakBot - an end-to-end internet of things solution which protects homes from the impact of water damage.  Water damage is the single biggest cause of home insurance claims, accounting for $17bn of claims every year in the USA and UK combined.  LeakBot is a patented self-install solution that connects to the home wireless network and, if it detects a leak, notifies the customer via the LeakBot mobile app and provides access to a team of expert LeakBot engineers to 'find and fix' the problem.  Recent independent research by Consumer Intelligence found LeakBot can reduce the cost of water damage claims by 70%.

LeakBot partners with 11 insurance carriers - including Direct Line Group, Hiscox, Mapfre and TopDanmark - across 5 different countries, in Europe and the USA. 

In March 2022 LeakBot became the first InsurTech to IPO in London, as Ondo InsurTech Plc (LSE:ONDO).

 

END

 

 

NRAFFFFFUEESEEF