Ontario, Canada (CU)_ Under the terms of the strategic relationship between Definity and APOLLO Insurance, Definity Financial Corporation has agreed to make an initial minority equity investment in digital managing general agent APOLLO Insurance. The initial investment will be subject to regulatory authorization and is anticipated to conclude in the second quarter of 2022.
Additionally, the contract forms a distribution connection between APOLLO and Definity’s affiliate Definity Insurance Company. According to Definity, the cooperation with APOLLO will enable the company to…
