Onex Partners with KKR to Acquire Integrated Speciality Coverages
Leading global investment firms KKR and Onex announced that Onex Partners will acquire Integrated Speciality Coverages (“ISC” or “the Company”), a tech-enabled insurance platform dedicated to designing, underwriting, and distributing insurance solutions. All ISC employees will receive substantial cash payouts on their ownership stakes in the Company. “It’s been an extraordinary journey partnering with ISC’s […]
HSB and Cyberwrite renew agreement for AI-driven Cyber Insurance Platform
Cyberwrite, a global provider of the patented AI cyber insurance risk technology 4SEEN® and cyber insurance technology solutions, and specialty insurer HSB recently announced an extension to their partnership as part of HSB’s ongoing strategy to better leverage data and technology in its cyber insurance underwriting and portfolio management. Since 2018, HSB has been using […]
SVB Financial Group announces appointment of restructuring committee
SVB Financial Group announced yesterday that its Board of Directors has appointed a restructuring committee consisting of five independent directors to explore strategic alternatives for the holding company and its SVB Capital and SVB Securities businesses, as well as its other assets and investments. Both of these businesses are separate divisions of SVBFG and not […]
