Ondo signs first US insurer via vipHomeLink partnership

Provider of claims prevention technology for home insurers Ondo InsurTech Plc announced its first US insurance customer secured through its partnership with vipHomeLink , with The Co-operative Insurance Companies set to launch the LeakBot water loss prevention program for homeowners in Vermont and New Hampshire.

The rollout is currently underway, with co-branded marketing and systems integration in preparation for an April launch. The agreement marks the first commercial outcome of the vipHomeLink partnership and supports Ondo’s strategy to expand LeakBot adoption by working with regional insurers alongside its direct relationships with national carriers.

“This is an important milestone for our US 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.” – Craig Foster, CEO of Ondo InsurTech Plc.