Hadron Hadron has unveiled its intention to purchase the North America warranty company (GCNA) from ATLANTIC, which is part of the intact Financial.
This acquisition aims to expand the Hadron products and strengthen the market site in the United States.
The deal is expected to be completed in the third quarter of this year, and it depends on organizational approval and other standard closure conditions.
The transaction will not include the transfer of net installments, net losses, or employees.
With GCNA licenses to work in all fifty American states, Washington, DC, and Puerto Rico, in addition to a authority certificate from the US Treasury, Hadron aims to enhance the delivery of acceptable insurance solutions to documentary holders and subscription partners.
“This acquisition is a pivotal step for Hadron, as we continue to update the insurance value chain and provide superior results to our distribution partners, capacity providers and documentary holders. Products,” said Hadron Sam Reader.
With the support of Altamont Capital Partners and other institutional investors, Hadron started its operations in the United States in 2023 and entered the United Kingdom in early 2024 with Get the insurance company FOLGATE.
The company provides the main insurance services and the initial ability to manage public agents or manage public insurance companies, and meet insurance needs for small to medium companies.
Hadron for the purchase of the warranty company in North America “was originally created and published International Life InsuranceThe brand owned by Globaldata.
Information on this site was included in good faith for public media purposes only. It is not intended to reach the advice that you should depend on, and we do not provide any representation, guarantee or guarantee, whether it is explicit or implicit in relation to accurately or completing it. You must have a professional or specialized advice before taking any action based on the content on our website.
https://s.yimg.com/ny/api/res/1.2/lmSA2FlJqHfvTo5lJrdzQQ–/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/life_insurance_international_186/801900f1dbd740a0baa5a9043210aa00
Source link