Ondo InsurTech PLC (LSE:ONDO) highlighted “rapid progress” with the company in recent months.
It comes in a financial results statement covering the prior period, when the AIM-quoted vehicle was still a cash shell.
In March the company became the first “insurtech” company to float on the London Stock Exchange, and, since then has hit the ground running.
“Progress has been rapid, with Admiral and Privatsikring signed, expansion into New York State and publication of new 3rd party research underlining the huge potential for our defensible and repeatable business model,” said chief executive Craig Foster.
“We look forward to further demonstrating our progress and publishing our first consolidated results with interims to the end of August 2022".
This morning the company released its financial results statement for the twelve months ended February 28 2022.