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Insurethebox

Deal Type
Deal Type
Company sale
Vital Sector
Sector
Financial Services
Completion Date
Completion Date
28th January 2015
Deal Value
Deal Value
£46m

Company Background

Insure The Box Limited provides telematics-based car insurance policies in the United Kingdom. The company offers car insurance policies based on miles for motorists. It also offers ShoppingBox for car insurance shoppers to buy goods from retailers online. The company was founded in 2010 and is based in Newcastle upon Tyne, United Kingdom.

Deal Summary

Advised management in the sale of 75% of Box Innovation Group (a telematics business for car insurers) to Aioi Nissay Dowa Insurance for £105m

Insurethebox deal contacts

Key members of the Opus Corporate Finance deal team crucial in the Insurethebox transaction