Onex Partners Acquires ISC from KKR in Major Insurance Sector Deal
Financial MarketsOnex PartnersUpdated a few seconds ago

Onex Partners Acquires ISC from KKR in Major Insurance Sector Deal

Onex Partners is acquiring the tech-enabled insurance platform ISC from KKR, marking a significant shift in the insurance sector. This deal not only underscores Onex's commitment to expanding its financial services portfolio but also ensures substantial returns for nearly 400 employees of ISC. The acquisition reflects the growing trend of integrating technology into insurance, promising enhanced efficiency and improved customer experiences.

Related Articles
Onex Partners to acquire insurance platform ISC from KKR
PositiveFinancial Markets
Onex Partners is set to acquire the insurance platform ISC from KKR, marking a significant move in the insurance sector. This acquisition is important as it highlights Onex's commitment to expanding its portfolio in the financial services industry, potentially leading to enhanced offerings for clients and increased market competitiveness.
Onex Partners to acquire tech-enabled insurer ISC from KKR
PositiveFinancial Markets
Onex Partners is set to acquire ISC, a tech-enabled insurer, from KKR, marking a significant move in the insurance sector. This acquisition highlights the growing trend of integrating technology into traditional insurance models, which can enhance efficiency and customer experience. It matters because it reflects the increasing importance of innovation in financial services and could lead to better offerings for consumers.
KKR Sells ISC to Onex in Deal That Gives Employees Big Return
PositiveFinancial Markets
KKR's sale of Integrated Specialty Coverages to Onex Partners is a significant move that not only marks a profitable exit for KKR but also ensures a substantial cash payout for nearly 400 employees. This deal highlights the growing interest in the insurance sector and reflects positively on the financial health of the company, benefiting both investors and employees alike.

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