Insurance Business forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Notify me of new replies via email
Insurance Business | 13 Mar 2017, 01:37 PM Agree 0
$490 million acquisition was announced today
  • Broker | 14 Mar 2017, 09:14 AM Agree 0
    They paid $490MM for a company with $113MM of PREMIUM - that's less than $30MM of revenue. That's more than 16 times revenue! Really?
  • RM Professional | 14 Mar 2017, 11:10 PM Agree 0
    True, but... what was the net on that $113MM of premium vs. traditional (i.e., analog) manner in which that business is derived for them? I'm quite certain that if you look at the cost of acquisition of the digital book makes that much better than 16X on the surface.
Post a reply