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Pin to quick picksOndo Insurtech Share News (ONDO)

Share Price Information for Ondo Insurtech (ONDO)

London Stock Exchange
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Share Price: 13.875
Bid: 13.50
Ask: 14.25
Change: 0.125 (0.91%)
Spread: 0.75 (5.556%)
Open: 13.75
High: 13.875
Low: 13.75
Prev. Close: 13.75

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IN BRIEF: Ondo InsurTech wins contract with US insurer

Tue, 30th Jul 2024 14:41

Ondo InsurTech PLC - London-based claim prevention technology firm for home insurers - Says it has signed a contract with an unnamed "US super regional personal lines insurer", which is said manages over USD2.0 billion of personal lines home, motor and umbrella insurance policies. The new insurance partner will start to deploy LeakBot to their customers based in New Jersey beginning in the third quarterf of 2024, offering the LeakBot sensor and repair service free of charge to their customers. Says this is the second insurer to launch LeakBot in New Jersey, and the fifth US insurance company to adopt LeakBot within the last 12 months.

Chief Executive Craig Foster says: "We are thrilled to partner another well-respected U.S. insurance brand and look forward to doing a great job for their homeowners starting in New Jersey where we are already fully operational."

Current stock price: 13.20 pence, up 3.5% in London on Tuesday

12-month change: down 61%

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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16 Sep 2024 12:36

UK shareholder meetings calendar - next 7 days

Tuesday 17 September 
B90 Holdings PLCAGM
Inspiration Healthcare Group PLCAGM
Ormonde Mining PLCAGM
Utilico Emerging Markets Trust PLCAGM
Wednesday 18 September 
AO World PLCAGM
Castelnau Group PLCAGM
Frasers Group PLCAGM
Games Workshop Group PLCAGM
Gore Street Energy Storage Fund PLCAGM
IG Group Holdings PLCAGM
Moonpig PLCAGM
Real Estate Credit Investments LtdAGM
Schroder British Opportunities Trust PLCAGM
Wise PLCAGM
Thursday 19 September 
Augmentum Fintech PLCAGM
Auto Trader Group PLCAGM
Babcock International Group PLCAGM
Ferrexpo PLCGM re re-election of Vitalii Lisovenko to board
Liontrust Asset Management PLCAGM
PHSC PLCAGM
Supreme PLCAGM
Trakm8 Holdings PLCAGM
Friday 20 September 
abrdn New India Investment Trust PLCAGM
Belluscura PLCAGM
Crossword Cybersecurity PLCGM re proposed increase in borrowing limit
Kropz PLCGM re fundraise
SDX Energy PLCAGM
SysGroup PLCAGM
Monday 23 September 
ACP Energy PLCAGM
Alphawave IP Group PLCGM re employee share schemes
Altitude Group PLCAGM
Dialight PLCAGM
Gateley Holdings PLCAGM
Ondo InsurTech PLCAGM
Petrofac LtdAGM
Rockpool Acquisitions PLCAGM
Tern PLCGM re share issue
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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3 Sep 2024 18:45

IN BRIEF: Ondo InsurTech offers LeakBot to NFU Mutual customers

Ondo InsurTech PLC - London-based claim prevention technology firm for home insurers - Signs contract to provide members of insurer National Farmers Union Mutual with its LeakBot water leak detection system. Says NFU will roll out 17,000 LeakBots to customers between October and January. Pending successful rollout, says further systems to be delivered across NFU's its member base, of which it has 900,000.

Read more
29 Jul 2024 14:29

Ondo InsurTech sets sight on US market expansion as revenue jumps 13%

(Alliance News) - Ondo InsurTech PLC on Monday said losses had narrowed in the last financial year as the company reports double-digit revenue and customer growth.

Read more
22 Jul 2024 13:46

UK earnings, trading statements calendar - next 7 days

Tuesday 23 July 
Compass Group PLCTrading Statement
James Cropper PLCFull Year Results
JTC PLCTrading Statement
Mitie Group PLCQ1 Results
Serco Group PLCFull Year Results
Science Group PLCHalf Year Results
SThree PLCHalf Year Results
Wednesday 24 July 
Aston Martin Lagonda Global Holdings PLCHalf Year Results
Breedon Group PLCHalf Year Results
easyJet PLCTrading Statement
Fresnillo PLCHalf Year Results
FRP Advisory PLCFull Year Results
Greencoat UK Wind PLCHalf Year Results
Harworth Group PLCTrading Statement
Hochschild Mining PLCHalf Year Results
Motorpoint Group PLCTrading Statement
Nichols PLCHalf Year Results
Norcros PLCTrading Statement
PensionBee Group PLCHalf Year Results
Primary Health Properties PLCHalf Year Results
Reckitt Benckiser Group PLCHalf Year Results
RHI Magnesita NVHalf Year Results
Totally PLCFull Year Results
Unite Group PLCHalf Year Results
Van Elle Holdings PLCFull Year Results
Thursday 25 July 
Airtel Africa PLCQ1 Results
Anglo American PLCHalf Year Results
Aptitude Software Group PLCHalf Year Results
AstraZeneca PLCHalf Year Results
British American Tobacco PLCHalf Year Results
Britvic PLCQ3 Results
BT Group PLCTrading Statement
Centamin PLCHalf Year Results
Hammerson PLCHalf Year Results
Howden Joinery PLCHalf Year Results
IG Group Holdings PLCFull Year Results
Indivior PLCHalf Year Results
ITV PLCHalf Year Results
Lloyds Banking Group PLCHalf Year Results
Pennant International Group PLCTrading Statement
Relx PLCHalf Year Results
Rentokil Initial PLCHalf Year Results
Unilever PLCHalf Year Results
Vodafone Group PLCTrading Statement
Workspace Group PLCTrading Statement
Friday 26 July 
Airtel Africa PLCQ1 Results
Anglo American PLCHalf Year Results
Aptitude Software Group PLCHalf Year Results
AstraZeneca PLCHalf Year Results
British American Tobacco PLCHalf Year Results
Britvic PLCQ3 Results
BT Group PLCTrading Statement
Centamin PLCHalf Year Results
Hammerson PLCHalf Year Results
Howden Joinery PLCHalf Year Results
IG Group Holdings PLCFull Year Results
Indivior PLCHalf Year Results
ITV PLCHalf Year Results
Lloyds Banking Group PLCHalf Year Results
Pennant International Group PLCTrading Statement
Relx PLCHalf Year Results
Rentokil Initial PLCHalf Year Results
Unilever PLCHalf Year Results
Vodafone Group PLCTrading Statement
Monday 29 July 
Cranswick PLCQ1 Results
Jadestone Energy PLCHalf Year Results
Ondo InsurTech PLCFull Year Results
Pearson PLCHalf Year Results
Smithson Investment Trust PLCHalf Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
10 Jun 2024 11:55

Ondo InsurTech partners expand LeakBot solution into Washington state

(Alliance News) - Ondo InsurTech PLC on Monday announced further advancements to the expansion of its US operations.

Read more
15 May 2024 21:43

TRADING UPDATES: Future Metals celebrates state government grant

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
13 May 2024 18:42

IN BRIEF: Ondo InsurTech plans to raise GBP4.2 million

Ondo InsurTech PLC - London-based provider of claims prevention technology for home insurers - Plans to raise GBP3.0 million via a placing to new and existing institutional investors at 14.0 pence per share. Further, proposes to raise GBP1.2 million via open offer at the same price. Terms of open offer are 1 new open offer share for every 10 existing shares. Net proceeds to be used to establish an administration and service support centre in the US; build and expand operations across the US; and provide working capital to finance growth in rollouts.

Read more
29 Apr 2024 17:14

TRADING UPDATES: RentGuarantor revenue up; Aura progresses Tiris

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
16 Apr 2024 20:19

TRADING UPDATES: System1 revenue jumps; Pathfinder amends deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
26 Feb 2024 09:33

Ondo InsurTech shares up on agreement with South West Water

(Alliance News) - Ondo InsurTech PLC on Monday said it has signed an agreement with South West Water to reduce water leaks in the south west of England.

Read more
21 Feb 2024 11:43

IN BRIEF: Ondo InsurTech inks Leakbot deal with Selective Agreement

Ondo InsurTech PLC - London-based claims prevention technology firm - Signs agreement with Selective Agreement Group for the use of Leakbot. LeakBot is a self-install claims prevention technology which connects to the wireless network of a home, alerting customers if it detects a leak.

Read more
3 Jan 2024 10:13

Ondo InsurTech expands distribution deal with Danish insurer

(Alliance News) - Ondo InsurTech PLC on Wednesday said it has agreed a deal with LB Forsikring to increase the distribution of its LeakBot technology in Denmark.

Read more
30 Nov 2023 21:10

EARNINGS AND TRADING: Dispensa and SkinBioTherapeutics losses widen

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
20 Nov 2023 16:15

Ondo InsurTech interim loss narrows as revenue growth outpaces costs

(Alliance News) - Ondo InsurTech PLC on Monday said that the need for its product was growing as it announced a halved half-year loss as revenue increased faster than costs.

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