The Nasdaq Stock Market Inc. has completed the acquisition of a 50 percent ownership interest in The NASDAQ Insurance Agency from a wholly-owned subsidiary of American International Group Inc., making
The NASDAQ Insurance Agency a wholly owned subsidiary of The NASDAQ Stock Market.
The transaction was effective on Jan. 1, 2005. Purchase price and
terms of the agreement were not disclosed.
The NASDAQ Insurance Agency LLC is a full-service corporate insurance broker specializing in Directors and Officers liability insurance. Formed in 2000, the agency works with current and future NASDAQ-listed companies.
Was this article valuable?
Here are more articles you may enjoy.
Fortune 500’s Insured Losses for CrowdStrike Could Reach $1 Billion: Parametrix 
USAA Renter’s Insurance Policyholder Charged with Multiple Counts of Fraud 
Insured Losses From CrowdStrike Outage Could Reach $1.5B, CyberCube Says 
Trigger Warning: Cyber Policy Wordings to Impact Coverage for Tech Outage 
