Ondo InsurTech partners with South West Water to tackle UK water scarcity; inks new US LeakBot deal [Yahoo! Finance]
Selective Insurance Group, Inc. (SIGI)
Last selective insurance group, inc. earnings: 1/30 04:15 pm
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Source: Yahoo! Finance
the company has partnered with South West Water to deploy 6,000 LeakBots in a water-stressed region in the UK to reduce leaks, marking its third collaboration with a UK water company. This initiative is part of a broader effort to address water scarcity in the UK, exacerbated by climate change and population growth. Foster highlighted that 8% of UK toilets leak, wasting significant amounts of water daily. Ondo InsurTech's LeakBot solution allows homeowners to easily install a device that detects leaks, enabling timely repairs. In the US, Ondo InsurTech is expanding its footprint, inking a deal with Selective Insurance, the US property and casualty group, which will offer its LeakBot, a self-install leak detection unit, to policyholders. The company has now signed agreements with four major insurers in the past nine months, including a significant partnership with Nationwide. These deals demonstrate the company's growing momentum in the US market, where insurers spend around $16
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News
- Shareholders Would Not Be Objecting To Selective Insurance Group, Inc.'s (NASDAQ:SIGI) CEO Compensation And Here's Why [Yahoo! Finance]Yahoo! Finance
- Selective Insurance (SIGI) Earnings Expected to Grow: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- Selective Insurance Group, Inc. (NASDAQ: SIGI) had its "market perform" rating re-affirmed by analysts at JMP Securities.MarketBeat
- Selective Insurance Group, Inc. (NASDAQ: SIGI) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $120.00 price target on the stock.MarketBeat
- Selective Insurance Schedules Earnings Release and Conference Call to Announce First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
SIGI
Earnings
- 1/31/24 - Beat
SIGI
Sec Filings
- 4/5/24 - Form DEFA14A
- 3/27/24 - Form ARS
- 3/27/24 - Form DEF
- SIGI's page on the SEC website