US-based B2B occasion organiser Emerald Holding has acquired all of the property of London-based firm Insurtech Insights, marking its foray into the insurance coverage expertise area.
Monetary phrases of the acquisition weren’t disclosed.
Arrange in 2018, Insurtech Insights serves as a platform for insurance coverage expertise professionals, facilitating connections between insurers, brokers, expertise suppliers and traders.
The corporate helps carriers and start-ups to concentrate on leveraging digital expertise for effectivity and income progress.
Insurtech Insights is understood for working conferences in London, Hong Kong and New York.
These occasions function hubs for networking, schooling and innovation throughout the insurance coverage expertise group, serving to professionals discover “developments” in areas resembling AI, cloud computing, automation, cybersecurity and information analytics.
In line with Insurtech Insights CEO Kristoffer Lundberg, it connects greater than 15,000 leaders from three international conferences and engages over 100,000 on-line globally.
Emerald president and CEO Hervé Sedky stated: “Our entry into the insurance coverage expertise sector via our acquisition of Insurtech Insights is a pivotal second for us. This acquisition isn’t just about increasing our portfolio; it’s about strategically mixing Emerald’s occasion experience with Insurtech Perception’s deep trade data to create unparalleled platforms that drive innovation, foster connections and help the trade’s digital transformation.”
Lundberg added: “Partnering with Emerald, a pacesetter in stay occasions {and professional} communities, will permit us to create much more worth by delivering a world-class buyer expertise and investing extra in our content material and group growth, paving the best way for extra invaluable connections at our conferences.
“Emerald shares our imaginative and prescient and is deeply dedicated to our long-term technique and success. I’m enthusiastic about the way forward for Insurtech Insights and the way we are able to play a good larger position in shaping the way forward for insurance coverage.”
