Deal Type
Company sale
Sector
Financial Services
Completion Date
28th January 2015
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