Insubuy
Dowling Hales Advises Insubuy on Insurance Insider’s “M&A Transaction of the Year” Dowling Hales acted as exclusive financial advisor to Insubuy in its agreement to be acquired by PCF Insurance Services (PCF), in what was subsequently named ‘M&A Transaction of the Year’ at the ‘Insurance Insider Honours 2022’ global awards ceremony hosted in London. Insubuy is a premier Insurtech company and global travel insurance brokerage firm that provides online access to niche travel insurance products to people around the globe. The Company’s online portal functions as a one-stop-shop for all major travel insurance products from a range of carriers. Co-Founders Narendra and Jagruti Khatri and their team of over 50 employees partnered with PCF Insurance Services in July 2021 in order to optimize the processes by which insureds search for and purchase travel-related insurance coverages. Insubuy chose Dowling Hales as its M&A advisor due to its deep knowledge of the insurance distribution market, extensive transaction experience and unique insights into how positioning enhances outcomes for its clients. Insurance Insider grants the M&A Transaction of the Year award to the transaction that the judges think has made the most economic and strategic sense in the past 18 months. Dowling Hales extends its congratulations to Insubuy, Narendra and Jagruti, and the Insubuy team.
Target Company
Insubuy
Acquirer Company
PCF
Acquisition Date
July 2021
Sector
Insurance
Industry
Insurtech
Region
USA
State of Acquired
TX
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