Matic acquires Policygenius' P&C insurance book
Matic acquired Policygenius' P&C insurance book on June 24, 2026.
- Target
- Policygenius' P&C insurance book
- Acquirer
- Matic
- Announced
- June 24, 2026
- Sub-sector
- Insurtech
Transaction overview
- Matic announced the acquisition of Policygenius' P&C insurance book on June 24, 2026.
- The deal is expected to close pending customary conditions.
Strategic rationale
Matic acquires Policygenius' P&C insurance book; secures minority investment from Primus Capital
Deal terms & multiples
Frequently asked questions
When did Matic announce the acquisition of Policygenius' P&C insurance book?
Matic announced the acquisition of Policygenius' P&C insurance book on June 24, 2026.
What sub-sector is Policygenius' P&C insurance book in?
Policygenius' P&C insurance book is tracked in the Insurtech sub-sector.
Sources
- globenewswire.com /news-release/2026/06/24/3317007/0/en/Matic-Secures-Minority-Investment-From-Primus-Capital-and-Acquires-Policygenius-Property-and-Casualty-Insurance-Book.html