Tiptree Subsidiary Fortegra Acquired Majority Interest in Automotive Protection Products Provider Premia Solutions Limited; Terms Not Disclosed
Charles Gross 3 years ago
M&ANewsSmall Cap
The Fortegra Group, Inc. ("Fortegra"), a global specialty insurer, and subsidiary of Tiptree Inc.
The Fortegra Group, Inc. ("Fortegra"), a global specialty insurer, and subsidiary of Tiptree Inc. (NASDAQ:TIPT), today announced it has acquired a majority interest in Premia Solutions Limited (Premia), one of the largest United Kingdom-based intermediaries and a trusted provider of automotive protection products. The deal continues Fortegra's rapid growth across Europe and the U.K., a region it expanded to in 2017.