Company
Ondo InsurTech PLC
LON:ONDO
Ondo InsurTech PLC is a leading provider of claims prevention technology for home insurers. The company'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.
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Ondo InsurTech is building when the market is down
Ondo shares have gone from tumbleweeds to top-tier growth in 2023
Small-cap idea: Ondo InsurTech is building when the market is down
Tumbleweeds have turned into into top-tier growth for Ondo stock in 2023