insurancenews.com
Sydney-based Open in talks to buy UK Saga's underwriting arm
UK insurer Saga is in talks with Sydney-based Open Insurance – best-known for its artificial intelligence-driven brand Huddle – about the sale of its loss-making Acromas underwriting arm.
Saga, which also runs a cruise business and says it is the UK's specialist for people over 50, revealed last month it was seeking a buyer for Acromas