Bear River Mutual to Pilot LeakBot in the US
Bear River Mutual Insurance signed contract to pilot LeakBot device with 5,000 Utah homeowners.
- Pilot customers 5,000
- Bear River Mutual market share in Utah 5th largest among personal lines insurers
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Ondo Insurtech (LSE: ONDO), a leading company in claims prevention technology for home insurers, is pleased to confirm that Bear River Mutual Insurance Company has signed a contract with LeakBot USA Inc, the Company's US subsidiary.
Bear River Mutual Insurance Company ("Bear River Mutal") will pilot the LeakBot device and service to 5,000 homeowners' insurance customers in Utah. Bear River Mutual was established on 1 July 1909 and holds the title of Utah's oldest mutual property and casualty insurance company. Bear River Mutual currently has the 5th largest market share among Utah personal lines insurers.
Ondo is already operating in the state of Utah for its existing customers. The agreement with Bear River Mutual is consistent with the commercial contracts agreed with our other US customers.
Craig Foster, Ondo CEO, says: "We are pleased to partner with Bear River Mutual. We look forward to providing Bear River Mutual with the same compelling results we are delivering to all our insurance company partners worldwide."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.