The proposed sale forms part of Prudential Financial’s planned withdrawal from emerging markets.
The proposed SoA would lift the equity holding of TDA – a subsidiary of Japanese insurer Daiichi Life Group – from 20.5% to 100%.
Eligible members will be able to assess available cover, receive a quote, submit an application and buy a policy in the app.
US-based CCC supplies SaaS and AI software to insurers, repairers, vehicle manufacturers and parts suppliers participating in the insurance and repair economy.
SMEs bypass cyber insurance assuming they are safe, yet AI phishing tools have made smaller firms prime targets.
