Indigo, an artificial intelligence (AI)-powered medical professional liability platform, is opportunistically looking at acquisitions in its current and adjacent markets, said co-founder and CEO Jared Kaplan. The Miami-based company, backed by investment firms Rubicon Founders and Oak HC/FT, is geography-agnostic and most interested in tuck-ins, though the investors around the table “have made it clear that they would be enthusiastic on backing something that was larger and more transformational,” Kaplan said. Roughly 80% of the acquisition focus is on purchasing medical malpractice books, with the remaining 20% on ancillary targets running from credentialing companies to risk management companies, he added.
Read the full article: Indigo Eyes Medical Malpractice Insurance Tuck-Ins, Investors Open to Larger Deals – CEO //
Source: https://ionanalytics.com/insights/mergermarket/indigo-eyes-medical-malpractice-insurance-tuck-ins-investors-open-to-larger-deals-ceo/