Announced
Financials
Sources
Tags
Germany
insurance technology
Pending
Majority
Acquisition
Private
Cross Border
Single Bidder
Property and Casualty Insurance
Friendly
Synopsis
Verisk, a global data analytics provider, agreed to invest in Rocket Enterprise Solutions, a fast growing insurtech provider in the German property claims sector. Financial terms were not disclosed. “Rocket has been on an extremely rapid growth journey since we founded the company in 2015. Through our intuitive technology and industry expertise we have made significant inroads into Germany. This investment will allow Rocket to further develop our solutions and accelerate our growth into the rest of Europe," Hanno Kahmann, Rocket Enterprise Solutions Managing Director.
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