Axonic Insurance has secured a US$210m preferred equity investment.
LuminArx Capital Management has led US$210m funding round in Axonic Insurance, a global platform for annuities and insurance. Deutsche Bank also participated in the funding round that will help the company accelerate expansion and product development in the annuity market. The capital will also support the company’s technology development, product servicing capabilities and distribution growth The capital will also support the company’s technology development, product