Ondo InsurTech PLC (LSE:ONDO) rallied 8% on Thursday morning after announcing a new deal with Australia’s largest general insurer IAG.
Under the deal, the testing and development of an outside ‘All Weather’ version of Ondo’s LeakBot product will be trialled over the next 12 months.
As of 10am, 29 June, shares were trading at 20p with a market capitalisation of £15mln.