(Reporting by Bharath Manjesh in Bengaluru; editing by Anil D’Silva and Shinjini Ganguli) Get the latest insurance newssent straight to your inbox. Prudential is set to add more than 20 customers to its base following the acquisition of online insurance start-up Assurance IQ. The cash, debt and equity financing deal is valued at $ 2.35bn . Medigap IQ uses machine-learning and data science to accelerate its application process and offers life, health, Prudential Financial , home and auto cover. After the acquisition, the firm will operate as a wholly-owned subsidiary of Medigap .
Prudential is set to add more than 20 customers to its base following the acquisition of online insurance start-up Assurance IQ. The cash, debt and equity financing deal is valued at $ 2.35bn . Medigap IQ uses machine-learning and data science to accelerate its application process and offers life, health, Prudential Financial , home and auto cover. After the acquisition, the firm will operate as a wholly-owned subsidiary of Medigap .