First London-listed InsurTech ‘open-minded’ on expansion
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First London-listed InsurTech ‘open-minded’ on expansion

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A UK InsurTech that recently became the first to list in London has said it is “open-minded” about expanding its water-leak detection technology for residential properties to commercial lines.

Ondo InsurTech listed on the London Stock Exchange last week via a special purpose acquisition (SPAC) vehicle, which involved a reverse takeover deal with Spinnaker Acquisitions and HomeServe Labs, a subsidiary of British home repairs and improvements firm HomeServe.

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