Insurance Post
Insurance Post staff
Deal value: Undisclosed
Abacai Group, the insurtech recently formed by Mark Wilson and Sun Capital Partners, has announced the acquisition of
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Patel joined the insurer in 2013 and has worked across operations, finance and sales with roles in both the Hiscox Retail business units (Hiscox UK and Direct Asia) and Hiscox London Market.
In 2018
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Zego’s recent series C funding round, led by DST Global, saw it raise $150m (£107m), with new backer General Catalyst founder and managing director, Joel Cutler joining Zego’s board.
While the latest
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Clear bought Brokerbility Holdings including its broking, network and technology businesses last September. It was the 27
th purchase since Clear was formed in 2001.
The Brokerbility deal came after a
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Fresneau,
pictured, will take over the role from Sam Harrison, who will join QBE’s group executive committee as group chief underwriting officer.
She steps up after three years as executive director
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