Craig Foster, CEO Ondo InsurTech PLC (LSE:ONDO) , talks to focusIR after announcing an expansion of its partnership with Nationwide, the Fortune 100 company and one of the biggest home insurers in the United States.
After sealing a deal with the US company about a year ago, where they launched Ondo Insurtech’s ‘solution’ in Ohio, they have now reported the results from that partnership today.
Foster says they achieved an ‘87 net promoter score, 4.9 out of 5 customer satisfaction score, some great case studies in the claims that we prevent, the water damage claims, and on the back of that, they're expanding their solution to all new and existing customers across 16 US states’.
The company goal is to ‘become the market leading solution, industry standard solution in the US market’.
In this interview, investors will also learn:
- What the future looks like for ONDO following the US expansion plan
- How the company stands out from its competition
- How its product has been installed in over 100,000 homes, working with 19 insurance companies
Craig Foster, CEO Ondo InsurTech, was interviewed by Katie Pilbeam for focusIR.