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Generali will receive about €409m as base consideration along with an additional €10m in contingent consideration to be paid at completion of the transaction. The transaction is subject
It is the 19th acquisition for AXA in the external market and the first with a UAE-based company. Financial details related to the acquisition were not disclosed. Emirates
Concentric led the investment round, which saw participation from Atami Capital, Seedcamp, London Co-Investment Fund and Beazley. Digital Risks, which was co-founded Cameron Shearer and Ben Rose, offers
The product has been launched in partnership with a London based broker operating in the International Specialty Insurance Markets. iXledger stated that new funding mechanisms within the blockchain
Accenture will take up the responsibility for creating a production-grade platform to develop and implement blockchain and distributed-ledger use cases. The company said that the platform will help
The new cyber insurance product, dubbed Travelers CyberRisk, offers liability and first-party cover for losses resulting from cyber attacks. Travelers CyberRisk also gives policy holders access to assistance
B.P. Marsh also sold an additional £1.5m worth shares that were owned previously by B.P. Marsh Management to PSC Insurance Group. The UK company’s executive chairman Brian Marsh
Assicurazioni Generali holds a stake of 100% in Generali Lebensversicherung (Generali Leben) through its subsidiary Generali Deutschland, which will reduce its interest in the German life insurance business
The acquisition comes just two days after PIB Group purchased Albany Childcare. Based in Leicestershire, Wheatley Wright was founded in February 2003 as a liability and associated risks insurance broker.
Marsh joined other companies in Bought By Many’s new funding round, under which the company raised a total of £15m. The latest Series B funding round was led