The transaction is contingent upon regulatory approval and is expected to close before the end of the year.

The move is part of a longstanding strategy to further expand and scale the company's global footprint in key specialty insurance markets.

The company is acquiring CSE and American Home Protect.

LexisNexis Risk Solutions ingests and normalizes connected car data through its data platform, the LexisNexis Telematics Exchange, to create driving behavior insights for US insurance carriers.

Its platform currently powers over 500,000 new introductions and tracks 450,000 deals per month.

The news follows ClearScore's $200 million private equity round announced in June.

Armadillo is a technology company that offers home warranty plans.

Kalepa delivers decision-support software to commercial insurance underwriters.

Flix is a platform that offers home insurance and assistance services.

Founded in 1999, the company (around 570 employees) operates an online store offering pet insurance products.

The company’s operations are anticipated to create over 500 new jobs by 2025, including operational, technical and business roles.

In addition to expanding to West Coast markets like L.A. and Seattle, Joshin intends to use this new round of seed funding to expand its corporate benefits program.

Coverage is relevant for those who are Hong Kong residents between the ages of 10 tp 40.

The acquisition will add technology and data services to enhance loan and real estate solutions.