TLDR:
- Private equity firm BHMS has made an equity investment in the InsurTech platform Boost.
- BHMS joins a group of Boost backers that includes Markel, Canopius US, and management.
InsurTech Boost secures equity investment from PE house BHMS
Private equity firm BHMS has made an equity investment in the InsurTech platform Boost. This investment adds BHMS to a list of Boost backers that already includes Markel, Canopius US, and management. The investment showcases the growing interest in InsurTech companies from traditional financial institutions like private equity firms. Boost aims to leverage this investment to further enhance its platform and expand its reach in the insurance industry.