techinasia
Insurtech firm CXA to sell brokerage unit as it doubles down on SaaS business
![](https://insurtechnews.com/uploads/news/external/FbtuU5ej.png)
Insurtech startup CXA Group announced plans to restructure its business to focus “solely” on its enterprise software-as-a-service (SaaS) business.
The Singapore-headquartered company is set to sell its brokerage business in the city-state and in Hong Kong to global employee benefits broker Pacific Prime. However, CXA did not disclose the sale amount.