Fenwick & West represented Radian Group Inc. (NYSE: RDN), a public company offering industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, real estate, and title services, in its strategic investment in Covered Insurance Solutions Inc., an independent digital insurance agency. Financial terms of the investment were not disclosed.
This investment is consistent with Radian’s focus on developing and leveraging next-generation digital business models powered by data, analytics and technology. More information can be obtained from Radian's announcement.
The Fenwick transaction team included corporate partner Ian Goldstein and associates Ryan McRobert and Elliot Ginsburg, as well as technology transactions partner Vejay Lalla and associate Arjun Ravi.