AmTrust to acquire Monsanto subsidiary’s crop insurance business
Wednesday, 08 05 2015, Category: Insurance and Reinsurance, Country: United States
AmTrust North America has agreed to acquire Monsanto’s subsidiary The Climate’s crop insurance business (CCCIB).
Terms of the deal have not been disclosed.
The deal will also help AmTrust to exclusively access certain technologies of The Climate, allowing the firm to apply in the crop insurance industry for up to three years.
Source: Insurance Business Review