Ambac Financial Group, Inc. announced that it has entered into a definitive agreement to acquire ArmadaCare, a leading supplemental health insurance program manager, from SiriusPoint Ltd. for $250 million. The transaction marks a significant step in Ambac’s strategy to expand its specialty insurance platform and diversify its product portfolio. The post Ambac Financial Group to Acquire ArmadaCare for $250 Million appeared first on Insurtech Insights.
