Insurance Post

Catlin completes Insure the Box sale

A driver checking the telematics on the dashboard of their car

Aioi Nissay Dowa Insurance has finalised its acquisition of Insure the Box and Drive Like a Girl from Catlin.

Aioi, part of MS&AD Insurance Group, has bought 75.01% of the total shares of Gibraltar-based holding company Box Innovation Group for £105m.

The remaining 24.99% will be kept by existing management

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