The acquisition of insurance marketplace CoverHound comes after $112m in funding from investors including Hiscox, Chubb, MS&AD, Aflac Ventures, Ace Group and American Family Ventures.
Risk management technology provider Brown & Brown acquired the assets of US-based digital insurance marketplace CoverHound on Monday for an undisclosed amount, allowing several insurance firms to exit. CoverHound runs an online marketplace that allows users to compare quotes from a range of different providers, while its CyberPolicy subsidiary concentrates on business insurance. Steve Boyd,…
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