The transaction is scheduled for completion on 7 May and is set to generate roughly $710m in net proceeds for AIG.
The deal would increase PZU Group’s presence in CEE and enlarge its life insurance business.
Cybeta, established in 2019 by data science specialists with backgrounds in the US DoD and intelligence communities, specialises in predicting and preventing cyberattacks.
Set up in 2022, the company provides TPA services and technology to around 200 insurers, corporate captives, MGAs and brokers.
