CoverWallet operates as a digital insurance platform for small and medium-sized businesses [SMBs].
AON will add CoverWallet to its expanding New Ventures Group as it seeks to take advantage of new technologies impacting the insurance industry.
The stock has had a very nice run over the past 12 months, with lower interest rates, a stimulative government policy, and strong earnings. My concern is whether the party will continue or if AON has topped out.
Read more here: https://seekingalpha.com/article/4310285-aon-to-acquire-coverwallet-for-digital-smb-insurtech