Announced
Completed
Financials
Tags
Domestic
Friendly
Private
Single Bidder
Netherlands
Majority
Acquisition
digital insurance
Private Equity
Insurance Brokers
Completed
Synopsis
Qmulus-backed Heinenoord, a broker, completed the takeover of Intrasurance, a company providing digital insurance. Financial terms were not disclosed. Heinenoord wants to strengthen and expand its market position in a strongly consolidating market and it is expanding its portfolio with new distribution partners. “Intrasurance focuses on non-life insurance in niche markets. Heinenoord offers a wide range of services. We see a lot of synergy and opportunities in this collaboration," Arie van den Berg, Heinenoord Director.
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