Wejo believes that this transaction can raise up to $100 million to fund its growth initiatives.
The companies will strengthen and streamline the underwriting process.
The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close in the second quarter of 2023.
The shares are expected to trade on the Nasdaq Global Select Market under the ticker symbol "SKWD."
Duck Creek shareholders will receive $19.00 per share in cash, which represents a 46% premium to Duck Creek’s closing stock price on January 6, 2023.
Addition of Liolis enhances the steps Guardian has taken to advance its strategy, drive growth, and deliver increased value to consumers.
The carmaker has selected MN8 Energy and ChargePoint as partners in North America.
Imburse is a Swiss-based modern payments platform.
As COO, Dave will continue to lead claims operations and have expanded responsibilities overseeing the business operations.
Gold Kidney Health Plan is a Medicare Advantage Plan offering Medicare Advantage products for beneficiaries with Chronic Special Needs.
HSB, part of Munich Re, is a multi-line specialty insurer and provider of inspection, risk management and IoT technology services.
Vincent C. Tizzio named future CEO of AXIS.
Connect Protect is a warranty plan launched by Ironwood Warranty Group.
CyberCube models cyber risk to allow insurers and brokers to understand their portfolios’ exposure to cyber threats.
The fund has already invested into four startups.
