The CSAA-backed digital home insurance provider is joining forces with a special purpose acquisition company at a valuation just over $1bn.
Kin Insurance, a US-based digital home insurer that counts insurance firm CSAA as an investor, agreed a reverse takeover with special purpose acquisition company Omnichannel Acquisition Corp yesterday.
The merged company will take the listing secured by Omnichannel through a $200m initial public offering on the New York Stock Exchange in November 2020.
Hudson Structured Capital Management (HSCM)’s HSCM Bermuda subsidiary is co-leading an $80m private investment in public equity financing with Senator Investment Group at a $1.03bn post-money…
