Meir Orbach / CTech:

German insurance giant Munich Re agrees to acquire cyber insurance provider At-Bay for $575M; At-Bay raised $276M and had a $1.35B valuation in 2021  —  The German insurance giant is buying the cyber insurtech at less than half its 2021 valuation, as insurers increasingly seek to combine coverage …

Meir Orbach / CTech:

German insurance giant Munich Re agrees to acquire cyber insurance provider At-Bay for $575M; At-Bay raised $276M and had a $1.35B valuation in 2021  —  The German insurance giant is buying the cyber insurtech at less than half its 2021 valuation, as insurers increasingly seek to combine coverage …

Source: TechMeme
Source Link: https://www.techmeme.com/260819/p49#a260819p49