New standard listing: Financials Acquisition Corp looks for insurance deal

Financials Acquisition Corp is a shell looking for a financial services acquisition, particularly in the insurance area which accounts for one-third of the global financial services market. Financials Acquisition Corp has raised a significant amount of cash and seems to have the backing to make a large acquisition.

The focus is technology that is used to make the insurance sector more efficient. This could be used for managing general agents, London insurance market participants or distribut...

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