Manulife, Northwestern Mutual, State Farm and Prudential have exited remote deal management platform Liveoak in an all-share acquisition.
E-signature platform developer DocuSign has bought US-based remote transaction technology provider Liveoak Technologies in a $38m all-share deal enabling several insurance firms to exit.
Liveoak has built a cloud software platform that facilitates the secure completion of deals remotely, through features like streamlined form editing and the detailed recording of any changes to an agreement.
The product is already integrated with the DocuSign eSignature platform, and DocuSign intends to use Liveoak’s technology to support the launch of its video notary…
