Onex Partners to Acquire Integrated Specialty Coverages from KKR

Core Insights - KKR and Onex announced the acquisition of Integrated Specialty Coverages (ISC), a tech-enabled insurance platform focused on designing, underwriting, and distributing insurance solutions [1] Company Overview - ISC is recognized as a tech-enabled insurance platform, indicating a focus on leveraging technology in its operations [1] - The acquisition will result in substantial cash payouts for all ISC employees based on their ownership stakes in the company [1] Investment Implications - The partnership between KKR, Onex, and ISC's leadership team highlights a strategic investment in the insurance sector, particularly in technology-driven solutions [1]