UK's first public insurtech Ondo expects to break even within two years

Ondo 1

Ondo, which became the first UK insurtech to go public last week, expects to break even within the next two years, its CEO Craig Foster has told Post.

The insurtech, which makes the leak detection device Leakbot, went public through being acquired by special purpose acquisition company Spinnaker Acquisitions Plc, which has subsequently been renamed

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Register

Want to know what’s included in our free registration? Click here

Already have an account? Sign in here

slide 1 to 5 of 8

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here