IndiaFirst Life is promoted by two of India's largest public-sector banks - Bank of Baroda and Union Bank of India, which hold 44% and 30% stakes in the company, respectively.
Under the terms of the Agreement, the purchase price is $120 million in cash, reflecting a 3.7x multiple of LTM revenue.
Headquartered in North Miami Beach and celebrating over 30 years in the industry, Sapoznik will now be able to offer a variety of solutions for businesses and individuals.
The company's Managed Advice platform is used by financial institutions to offer clients personalized advice that grows with them through retirement. Clients include Transamerica, MassMutual and John Hancock.
MyBankTracker is an independent comparison website for financial products.
The acquisition positions iPipeline as one of the largest providers of illustrations in the life insurance industry.
In a joint effort to curb growing health care costs and focus on companion health, Papa has implemented programs with an array of providers including Aetna, AvMed, Florida Blue Medicare, Humana, Priority Health and RegenceHealth Plans among many others.
New capability can be used on-site and virtually to deliver expedited safety recommendations. Making appropriate adjustments can help reduce the frequency of common injuries and better control workers' compensation costs.
MaxProtect™ joins CUNA Mutual Group's already-robust portfolio of annuities, which had fourteen mentions in Barron's 2020 Top 100 Annuities list.
Privilege Underwriters Inc. (PUI), a member of the Tokio Marine Group of Companies, was founded in 2006 and is the holding company for the PURE Group and related entities.
Through the acquisition, Tink will enhance its open banking platform by increasing its bank connectivity in the UK.
This is the second successful application of UnderwriteMe’s technology to support the pan-Asian insurer’s local strategy, the first being the direct-to-consumer channel which was launched in June 2019.
Through this strategic partnership, Toyota Insurance Services and Swiss Re will extend the Swiss Re ADAS risk score to Toyota and Lexus vehicles.
Zywave is valued between $800 million to $900 million.
Funds will help expand its evidence-based family caregiver support platform nationwide.
