Japanese insurance major Dai-ichi Life Holdings has invested $40 million to buy about 11% stake in D2C Insurance Broking, which is the holding company for digital insurance marketplace RenewBuy. This is part of the company s Series D fundraise while the promoters are negotiating with a few other investors to mobilise another $10-$20 million in primary deals.
/PRNewswire/ The global insurance brokerage market size is estimated to increase by USD 75.24 billion from 2022 to 2027. The market s growth momentum will.