Business
U.S. Contract Win
Ondo InsurTech Plc has secured its first joint insurance customer in the U.S. through its partnership with vipHomeLink, with The Co-operative Insurance Companies set to launch the LeakBot water loss prevention program to homeowners in Vermont and New Hampshire, with an April launch planned. This agreement marks a significant step in Ondo's U.S. market entry strategy, leveraging established local distribution partners to accelerate LeakBot adoption and is expected to be the first of several launches via the vipHomeLink collaboration. Disclaimer*
About this update from Ondo Insur Tech Plc
[{"type":"text","content":"\n\n12 February 2026\nOndo InsurTech Plc (\"Ondo\" or \"the Company\")\nU.S. Contract Win\nCo-operative Insurance the First LeakBot Customer Signed via vipHomeLink Partnership\n \nOndo InsurTech Plc (LSE: ONDO), a leading provider of claims prevention technology for home insurers, is pleased to announce that it has signed its first joint insurance customer via its strategic partnership with vipHomeLink Holdings, Inc (\"vipHomeLink\")\nThe new insurance partner, The Co-operative Insurance Companies (\"Co-operative\") will launch the LeakBot water loss prevention program to their insured homeowners across Vermont and New Hampshire, with implementation currently underway. Through our close partnership with vipHomeLink, all co-branded marketing materials are being developed, and systems integration is progressing in preparation for an April launch.\nThis agreement represents the first commercial outcome from Ondo's partnership with vipHomeLink, announced previously, and marks an important step in executing the Company's U.S. go-to-market strategy. The partnership is designed to enable Ondo to work with a wide range of regional and specialist insurers that are already active in Ondo's target states, helping to rapidly build market density and expand LeakBot adoption alongside established local distribution partners.\nOndo believes this channel provides an efficient route to onboarding multiple insurers in parallel, complementing its direct relationships with larger national carriers, and expects this to be the first of several launches delivered through the vipHomeLink partnership.\nCraig Foster, CEO of Ondo InsurTech Plc, said:\n\"This is an important milestone for our U.S. strategy and a strong validation of the partnership model we are building with vipHomeLink. Working with experienced local platforms allows us to bring LeakBot to market faster, with insurers that already have a well established presence in our target states. I'd like to thank Geoff Martin, CEO, and the team at vipHomeLink for their collaboration and welcome Co-operative as the first insurer to launch a LeakBot prevention program through this channel. We see significant potential for further agreements to follow.\"\n\n\n \n \nEnquiries\n \nFor further information, please visit www.ondoplc.com or contact the following:\n \n\n\n\n\nOn...