Ondo InsurTech PLC Appointment of Dowgate Capital (6190R)
30 Ottobre 2023 - 8:00AM
UK Regulatory
TIDMONDO
RNS Number : 6190R
Ondo InsurTech PLC
30 October 2023
30 October 2023
Ondo InsurTech Plc
("Ondo", or the "Company")
Appointment of Dowgate Capital as Broker and Financial
Adviser
Ondo InsurTech Plc (LSE: ONDO), a leading company in claims
prevention technology for home insurers, is pleased to announce the
appointment of Dowgate Capital Limited as the Company's Broker and
Financial Adviser with immediate effect.
Enquiries:
Ondo InsurTech Plc
Craig Foster, CEO
Kevin Withington, CFO +44 (0) 8007 839 866
Dowgate Capital Limited
Broker & Financial Adviser
Russell Cook
Nick Chambers +44 (0) 20 3903 7715
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Cassiopeia Services Ltd
PR & Investor Relations
Stefania Barbaglio +44 (0) 7949 690 338
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About Ondo InsurTech PLC
Ondo InsurTech Plc 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 [an
estimated] $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. Recent
independent research by Consumer Intelligence found LeakBot can
reduce the cost of water damage claims by 70%.
LeakBot partners with 14 insurance carriers - including Admiral,
Direct Line Group, Hiscox, Mapfre and TopDanmark - across 5
different countries, in Europe and the USA.
For more information, visit www.ondoplc.com
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END
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October 30, 2023 03:00 ET (07:00 GMT)
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