Insurtech Ondo has introduced that it has signed a contract with a US regional private strains insurer.
The agency manages over $2bn of private strains residence, motor, and umbrella insurance coverage insurance policies.
As well as, the brand new insurance coverage companion will begin to deploy LeakBot to their prospects primarily based in New Jersey starting in Q3 2024, providing the LeakBot sensor and restore service freed from cost to their prospects.
That is the second insurer to launch LeakBot in New Jersey, and the fifth US insurance coverage firm to undertake LeakBot throughout the final 12 months.
Craig Foster, Ondo CEO, stated: “We’re thrilled to companion one other well-respected US insurance coverage model and look ahead to doing an awesome job for his or her householders beginning in New Jersey the place we’re already totally operational.”
This yr, Ondo expanded its operations within the US and might be trialled within the UK.
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Ageas UK will introduce the Ondo LeakBot to its prospects in a 12-month trial. Throughout this trial, LeakBot detectors and repairs might be supplied free of charge to those prospects.
Along with UK strikes, each Nationwide and Pure are increasing their respective US Ondo LeakBot programmes into Washington state
Moreover, Ondo has introduced the appointment of Wendi Leibovitz as director of buyer success North America.
Leibovitz joins Ondo from SimpliSafe the place she ran Embedded Partnerships for the good residence safety firm.
