Gateway Insurance Company Acquired by Buckle
Acquisition includes 47 state insurance licenses for commercial auto policies, including full-time taxicabs, non-emergency para-transit, limousine/livery, and business auto
Buckle is re-capitalizing
“We believe this deal is a win-win for both TNCs and independent contractor drivers,” said
Buckle has agreed to support AGMI as it scales annual premiums. AGMI also plans to transition Atlas’ taxi, livery, and full-time TNC driver policies from its pool of subsidiaries over to
About Atlas
The primary business of Atlas is commercial automobile insurance in
About
HSCM Bermuda is an asset manager focused on investments in the Re/Insurance and Transportation sectors. HSCM was launched in 2016 and focuses on core economic sectors that are likely to outgrow global GDP, offer low correlations with broader markets, and are experiencing a shift from balance sheet and to market financing. For more information about HSCM Bermuda, please visit www.hscm.com.
About Buckle
Buckle provides technology-driven financial products and services to the shared economy. When delivering insurance, the company’s goal is to offer streamlined and transparent transactions to those who turn their personal assets into revenue-driving opportunities. For more information on Buckle, visit www.buckleup.com and connect on Facebook and LinkedIn.
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Source: Buckle
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