Global insurance broker Aon has agreed to acquire CoverWallet, a leading digital insurance platform for small and medium-sized businesses.

The acquisition provides Aon with additional access to what it sees as a fast-growing, $200+ billion premium global digital insurance market for small and medium-sized businesses.

It also provides Aon with the opportunity to leverage CoverWallet’s platform to develop and scale other digital client experiences.

No purchase price was disclosed.

Read more here: https://www.insurancejournal.com/news/national/2019/11/20/549046.htm