Announced
Completed
Synopsis
Cover Genius, an insurtech for embedded protection, completed the acquisition of Clyde, a warranty provider. Financial terms were not disclosed. “With XCover already available at Amazon, eBay, Wayfair, Descartes ShipRush and many more, our global distribution platform has delivered outstanding growth for merchants with its AI-based pricing for any type of protection globally, and an NPS of +65. This strategic acquisition is a natural fit for Cover Genius in America," Angus McDonald, Cover Genius CEO and Co-Founder.
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