February 9, 2017 / 10:23 AM / 5 months ago

BRIEF-Charles Taylor says acquires majority stake in insurance technology firm,Otak

1 Min Read

Feb 9 (Reuters) - Charles Taylor Plc:

* Charles Taylor - Insuretech acquires majority stake in insurance platform specialist

* Acquired a majority stake in otak, an insurance technology platform business specialising in delegated authority solutions

* Transaction includes intellectual property rights to otak's products, including tide, which has been embedded in insuretech's delegated authority solution. Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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