Member Info for chameleon1

At current sell price of 14.61 it would hardly seem worth it

14.8 to buy, not sure why folk are selling in view of all recent news, results next month

Didn’t cf say he was jetting of to Boston for a 4 hr meeting after the trade show. Liberty mutual have their HQ there, they are the 5th largest insurance company in the US

Search:

Ranking P/C insurance company name 2022 Net premiums written (US $ 000) % change from previous year

1 State Farm Group 77,760,744 11.6

2 Berkshire Hathaway Ins 73,561,832 -2.1

3 Progressive Ins Group 51,077,621 9.6

4 Allstate Ins Group 42,486,332 10

5 Liberty Mutual Ins Cos 38,684,018 7

6 Travelers Group 33,294,450 11.7

7 USAA Group 26,188,983 6.7

8 Chubb INA Group 23,869,802 10

9 Nationwide Group 19,447,556 3.3

10 Farmers Ins Group 17,498,384 9.6

11 American Family Insurance Group 14,099,036 11.4

12 Hartford Ins Group 13,742,137 9.5

13 American Intl Group (AIG) 13,484,204 2

14 Fairfax Financial (USA) Group 11,712,819 12.5

15 Auto-Owners Ins Group 10,702,712 10.9

16 Tokio Marine US PC Group 9,492,290 15.9

17 Munich-American Hldg Corp Cos 9,193,679 -6

18 W. R. Berkley Ins Group 9,091,058 13.6

19 Erie Ins Group 8,729,003 9.2

20 CNA Ins Cos 8,309,529 8.8

That was over 5 years in one region , the take up may well be higher than 40% now

It also says RNS on the document

Hi it’s because it’s a non regulated document a reach as they call it

Go to News Explorer

Reach

Non Regulatory Reach Announcement

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ONDO INSURTECH PLC Logo

ONDO PRESENTATION AT ITC DIA EUROPE

ONDO INSURTECH PLC

Released 07:00:13 12 June 2024

RNS Number : 0419S

Ondo InsurTech PLC

12 June 2024

12 June 2024

Ondo Insurtech Plc

("Ondo" or the "Company")

Ondo presentation at ITC DIA Europe

Ondo Insurtech (LSE: ONDO), a leading company in claims prevention technology for home insurers, is pleased to announce that the Company is today attending the ITC DIA Europe Show in Amsterdam. Ondo is presenting with one of its long-standing customers, Länsförsäkringar ("LF"). LF are Sweden's largest non-life insurance company.

During the joint presentation LF will confirm that it has achieved a reduction of 40% in gross water damage claims costs in the LF Sörmland region. This was the first LF region to deploy LeakBot, with 40% of the customer base adopting the LeakBot solution.

A video recording of the presentation will be available at www.itcdiaeurope.com and will also be made available on the Investor Page of the Ondo website following the show.

Speaking at the presentation Craig Foster, Ondo CEO states that "We met LF at this very conference five years ago when we revealed LeakBot as a revolutionary new idea to reduce water-damage claims. Five years on and we return today with LF for another industry first - revealing the successful bottom-line commercial impact from this type of claims reduction system for a leading insurance company."

ITC DIA Europe is one of the leading global events for the Digital Insurance sector. Held this year in Amsterdam on 12-13 June it brings together more than 50 leading innovation technology companies working with the global insurance market.

Enquiries

Ondo InsurTech Plc

Craig Foster, CEO

Kevin Withington, CFO

+44 (0) 800 783 9866

Dowgate Capital Ltd

(Broker & Financial Advisor)

Russell Cook

Nick Chambers

Charlie Hall

+44 (0) 20 3903 7715

Cassiopeia Services Ltd

(PR & Investor Relations)

Stefania Barbaglio

+44 (0) 7949 690338

About Ondo InsurTech PLC

Ondo is a world leading provider of claims prevention technology for home insurers. Ondo's focus is on the global scale-up of LeakBot - claims prevention technology that prevents water damage claims in houses. 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. Independent research by Consumer Intelligence found LeakBot can reduce the cost of water damage claims by 70%.

LeakBot partners with 17 insurance carriers - including Nationwide, Admiral, Di

I think their media management should get in touch with the rag

Cassiopeia Services Ltd

(PR & Investor Relations)

Https://simplywall.st/stocks/gb/tech/lse-ondo/ondo-insurtech-shares/news/founder-craig-foster-sold-a-bunch-of-shares-in-ondo-insurtec, what a poor under researched article , just shows you what rubbish is swilling around

Makes you wonder why a UT trade at the end of play goes through at 16.5 , it makes it look like the sp as a 7% fall next day , strange

You sound desperate, how much are you loosing? Wasn’t it you or your alias that said this wouldn’t go sub 500 Million mcap?

No problem, Craig Foster then is leaving the conference to fly to Boston USA for a 4 hr meeting as I believe , all very interesting , I wonder if some big news is to be released following it.

It’s ticking up nicely, as word gets out this should reach the 20’s in no time

12 June 2024

Ondo Insurtech Plc

("Ondo" or the "Company")

Ondo presentation at ITC DIA Europe

Ondo Insurtech (LSE: ONDO), a leading company in claims prevention technology for home insurers, is pleased to announce that the Company is today attending the ITC DIA Europe Show in Amsterdam. Ondo is presenting with one of its long-standing customers, Länsförsäkringar ("LF"). LF are Sweden's largest non-life insurance company.

During the joint presentation LF will confirm that it has achieved a reduction of 40% in gross water damage claims costs in the LF Sörmland region. This was the first LF region to deploy LeakBot, with 40% of the customer base adopting the LeakBot solution.

A video recording of the presentation will be available at www.itcdiaeurope.com and will also be made available on the Investor Page of the Ondo website following the show.

Speaking at the presentation Craig Foster, Ondo CEO states that "We met LF at this very conference five years ago when we revealed LeakBot as a revolutionary new idea to reduce water-damage claims. Five years on and we return today with LF for another industry first - revealing the successful bottom-line commercial impact from this type of claims reduction system for a leading insurance company."

ITC DIA Europe is one of the leading global events for the Digital Insurance sector. Held this year in Amsterdam on 12-13 June it brings together more than 50 leading innovation technology companies working with the global insurance market.

Don’t listen to stock cheque he has probably more than most to loose !

Yes why would you buy at 16/17 when everyone should know they will be flipped for a quick profit

HIs overall share amount has increased if you compare the tr1 to the company website

Looking at the TR1 GH has increased is holding by 50,0000

This is great news following the recent raise, the rollout across the US is gathering pace, I wonder how far negotiations are with State Farm?

It will come, more news will land before leading up to year end financials you can be sure of that

CF in is video as said the results in the US with Nationwide are impressive and hence the rollout to more states, I see most insurers taking leakbot and offering all customers one. Just think of the recurring revenue then