Ondo InsurTech Plc (ONDO.L)
Ondo InsurTech Plc operates in the Shell Companies industry of the Financial Services sector, headquartered in London, GL, GB. The stock last traded at $8.00, down 1.23% on the session, giving a market capitalisation of $19.7M. Its beta of 0.21 implies it has historically moved less than the broad market.
Ondo InsurTech Plc, a London-based company, specializes in providing business-to-business (B2B) insurance technology solutions. Its core product is the LeakBot system, an advanced water security solution engineered to detect and prevent minor leaks from escalating into expensive insurance claims. This innovative system empowers household insurers to significantly reduce the financial burden of claims stemming from water escape incidents. Ondo InsurTech also offers a range of complementary claims mitigation services to its insurance partners.
Ondo InsurTech Plc is most often compared with the following Financial Services names: