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Technology: the driving factor to making your M&A a success.
The global M&A market is a constant flurry of activity. Barely a week goes by without a high-profile deal hitting the headlines, and the insurance sector is no different. This year we saw two mega mergers within the first three months. In January, AIG announced plans to purchase all outstanding common shares of Validus Holdings, a deal which was later dwarfed by AXA-XL agreeing to buy the rest of XL Group for $15.3 billion – in cash – in March.
But regardless of the price paid or the experience of the team, no merger or acquisition comes without challenges. Following a transaction, the acquiring board has a lot of decisions to make, and they need to get them right. Nothing erodes value like indecision. In those crucial first days post-deal, it’s vital that the right information is available to give acquirers the best chance of making the best decisions for their business.