Contract announcement
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Selective Insurance Group sign contract to offer LeakBot to eligible Homeowner Policyholders in the United States
Ondo InsurTech Plc (LSE: ONDO), the London-listed leader in water damage claims prevention technology for home insurers, is pleased to announce that it has signed an agreement with Selective Insurance Group ("Selective") the US-based Property and Casualty carrier for Selective to offer LeakBot to its eligible homeowners policyholders.
Craig Foster, Ondo CEO, said: "We are pleased to add another well-known US insurer to our list of partners and we share the same ambitions and aspirations as Selective - to use technology to protect the homes of families and reduce the risk of property water damage."
Allen Anderson, Senior Vice President, Personal Lines, Selective stated: "We provide customized risk management solutions to help serve our customers' unique needs and actively seek innovations that help them mitigate risk. LeakBot's innovative technology can help our customers reduce the risk of water-related property damage".
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