PRESS ROOM
LATEST NEWS ABOUT NOVIDEA

Sep 20, 2018

How technology can help insurance brokers negotiate the critical days following a merger or acquisition

GLOBAL BANKING & FINANCE REVIEW – There have been 257 deals announced in the insurance sector since January this year, collectively valued at over $26 billion according to a recent report by PwC. This clearly shows high levels of market activity, but companies need to do more than just secure a deal; they also need to make it a success as quickly as possible. Board members expect big returns on their investment almost immediately. One important part of the mix is technology, which can help to overcome many of the challenges caused by M&A, particularly in insurance.