Announced
Completed
Financials
Sources
Tags
Friendly
Single Bidder
Completed
Majority
Private
Acquisition
Private Equity
Insurance Brokers
insurance services
insurance agents
United States
Domestic
Synopsis
Zinnia, a life and annuity insurance technology and digital services company, completed the acquisition of Policygenius, a digital insurance marketplace. Financial terms were not disclosed. “At Zinnia, we want to provide solutions that simplify the process of buying insurance and deliver an exceptional experience for consumers from purchase to claim. Policygenius has always put consumer experience at the heart of their business, and their capabilities will accelerate our journey. We look forward to welcoming Policygenius clients, an experienced leadership team, and approximately 450 new team members to Zinnia, and are excited to power growth in our industry," Michele Trogni, Zinnia CEO.
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