Business
New Partnership with PURE Insurance
New Partnership with PURE Insurance.
About this update from Ondo Insur Tech Plc
[{"type":"text","content":"\n\n8th August 2023\n \nOndo InsurTech Plc (\"Ondo\" or \"the Company\")\n \n \nOndo InsurTech Announces New Partnership with PURE Insurance\n \n \nOndo InsurTech Plc (\"Ondo\"), the London-listed leader in claims prevention technology for home insurers, is pleased to announce a new partnership with PURE Insurance, a U.S.-based property and casualty insurance company designed exclusively for successful, responsible families.\n \nPURE opened for business more than 15 years ago with the goal of offering something different in the insurance space: a company focused on doing what's right for its membership (policyholders), one that promotes transparency and alignment of interests, and delivers greater value. Today, PURE is the most-awarded insurer in its category and serves a membership of more than 100,000 individuals and families across the U.S.\n \n\"We're placing a greater emphasis on risk management and working hard to find solutions that can aid in reducing the occurrence of preventable claims for our membership-like those relating to water damage,\" said Jason Metzger, Head of Risk Management at PURE Insurance. \"Technologies like LeakBot allow our members to play an even greater role in loss prevention by identifying small leaks before they turn into large claims.\"\n \nPURE plans to pilot a program where it will distribute Ondo's LeakBot system to a portion of its membership in select states.\n \n\"We are very pleased to announce this new agreement today which demonstrates further validation by U.S. insurers,\" said Craig Foster, CEO of Ondo InsurTech Plc. \"We look forward to working with PURE.\"\n \n \nEnquiries\n \nFor further information, please visit www.ondoplc.com or contact the following: \n\n\n\nOndo InsurTech Plc\n\n\nJim Strickland,\nGeneral Manager - North America\n\n\n+001 817 807 8962\n\n\n\n\nSI Capital Ltd\n(Company Broker)\n\n\nNick Emerson\nJon Levinson\n\n\n+44 (0) 1483 413500\n+44 (0) 20 3143 0600\n\n\n\n\nCassiopeia Services Ltd\n(PR & Investor Relations)\n\n\nStefania Barbaglio\n\n\n+44 (0) 7949 690338\n \n\n\n\n \n \nAbout PURE\n\nPrivilege Underwriters Reciprocal Exchange (PURE) is dedicated to creating an exceptional experience for responsible high net worth families, providing customizable covera...