Announced
Synopsis
g&m, a local insurance broker offering advisory services, agreed to acquire ANDA, a provider of domestic helper and motorcycle insurance, from Marsh Singapore, an insurance broker and risk advisor. Financial terms were not disclosed. “With the huge shift to digitalization in a post Covid-19 world, many companies have started restructuring their businesses. Prior to the new normal, g&m had already been gearing up our business model for growth and scalability, ensuring that we are also better positioned to serve the retail segments of insurance," Douglas Chia, g&m CEO.
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