Curated News
By: NewsRamp Editorial Staff
April 18, 2024
Ondo InsurTech CEO Discusses Upbeat 2023 Trading Update as US Expansion Gains Momentum
TLDR
- Ondo InsurTech's US expansion with LeakBot technology, partnering with Nationwide, is gaining momentum, providing a competitive advantage in the insurance industry.
- Ondo InsurTech's CEO, Craig Foster, mentioned ongoing negotiations with US insurance firms, confirming manufacturing capacity and advancements towards ISO 27001 certification.
- Ondo InsurTech's partnership with South West Water in the UK aims to tackle water wastage, reflecting the company's strategy to address global water management challenges and insurance claims.
- Ondo InsurTech's expansion into the US and partnership with South West Water in the UK demonstrates the company's innovative approach to addressing global challenges in the insurance and water management industries.
Impact - Why it Matters
The US expansion of Ondo InsurTech PLC with its LeakBot technology and partnerships with notable insurers and water management companies demonstrates the company's innovative solutions to widespread challenges in insurance claims and water management, affecting the global issue of water wastage. This news showcases the company's momentum in expanding its unique technology and solutions to address critical issues, impacting the insurance and water management industries.
Summary
Ondo InsurTech PLC (LSE:ONDO) chief executive Craig Foster announces the company's successful US expansion with LeakBot technology, positive feedback, and ongoing negotiations with US insurance firms. The company also maintains a balanced focus on European markets while pursuing US opportunities, including a partnership with South West Water in the UK to tackle water wastage.
Source Statement
This curated news summary relied on content disributed by News Direct. Read the original source here, Ondo InsurTech CEO Discusses Upbeat 2023 Trading Update as US Expansion Gains Momentum
