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IC Group Holdings Inc. ( (TSE:ICGH) ) has issued an announcement.
IC Group Holdings Inc.’s insurance division, Insured Creativity Inc. (ICI), has acquired the assets of Players Health Cover Canada Inc., enhancing its presence in the sports and entertainment insurance sector. This strategic acquisition is expected to expand ICI’s reach in live event insurance and risk management, offering new opportunities for recurring revenue and strengthening its market position in North America. The partnership aims to provide innovative insurance solutions for athletes, performers, and event operators, contributing to a safer and more sustainable future for the live sports and entertainment community.
More about IC Group Holdings Inc.
IC Group Holdings Inc. is a technology-enabled consumer engagement company that aids global brands in driving commerce through digital engagement, mobile messaging, and specialty insurance. The company focuses on simplifying and managing technology, regulatory, data security, and financial risks for Fortune 500 brands, agency partners, and professional sports teams globally.
Average Trading Volume: 10,644
Technical Sentiment Signal: Sell
Current Market Cap: C$3.97M
Learn more about ICGH stock on TipRanks’ Stock Analysis page.