Next generation insurtech disruptor Abacai strengthens senior team with key leadership hires
* Insurance industry heavyweights join Abacai CEO, Mark Wilson, at pivotal time for the industry
* Abacai’s integrated platform will provide a better insurance experience to customers powered by AI and contextual data technology
* Abacai intends to disrupt the industry on behalf of the customer
Abacai announces acquisition of Dayinsure
* First acquisition by recently formed Abacai
* Dayinsure is a leader in the fast-growing temporary motor insurance market
* Dayinsure technology platform to be integrated into Abacai
* CVC Credit to fund acquisition and development of Abacai
Sun Capital and Mark Wilson Join Forces to Create Abacai, a leader in insurtech
* Mark Wilson to lead Abacai as CEO and Co-Chairman
* £50m committed to build out proprietary AI platform
* Initial focus on the £16bn UK motor segment
* Munich Re onboard as key strategic partner
For more information contact enquiries@abacai.com