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Technology Holdings advises InsurTech specialist Aggne on the acquisition of a majority stake by Wipro for 66 Million

Technology Holdings a global investment bank with offices in North America Europe and the AsiaPacific is pleased to announce that it has acted as the exclusive financial advisor to Aggne a leading Florida headquartered insurance technology specialist and Duck Creek partner on a significant strategic investment by Wipro.

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Wipro takes $66 million stake in IT firm serving insurance segment

India-based IT services giant Wipro Ltd. (NYSE: WIT) acquired a majority stake in Aggne Global Inc., a US-based provider of IT services for the insurance and insuretech industries with a focus on the Duck Creek platform. Duck Creek is a suite of cloud-based, low-code products that enable property and casualty insurers to fast-track product development, according to Wipro.

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Technology Holdings advises InsurTech specialist Aggne, on the acquisition of a majority stake by Wipro for $66 Million

Technology Holdings advises InsurTech specialist Aggne, on the acquisition of a majority stake by Wipro for $66 Million
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Duck creekUnited statesVasu raoVijay varmaKate gearyAsha kalidindiVivek subramanyamFinancial services insuranceTechnology holdingsTechnology holdingNorth americaDuck creek technologiesValue creation partnerIntellectual propertyFinancial services

Technology Holdings advises InsurTech specialist Aggne, on the acquisition of a majority stake by Wipro for $66 Million

Technology Holdings advises InsurTech specialist Aggne, on the acquisition of a majority stake by Wipro for $66 Million
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Wipro invests in Aggne to strengthen consulting & services capabilities in insurance sector

Wipro invests in Aggne to strengthen consulting & services capabilities in insurance sector
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Ritesh talapatraMike jackowskiHarpreet aroraAsha kalidindiFinancial servicesWipro limitedIntellectual propertySenior vice presidentCapital marketsMarket unitDuck creekGlobal headInsurance domainChief executive officerDuck creek technologiesValue creation partner