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01.08.25 - 18:39
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Grupo ilao Acquires 21 Leading Brokers, Raises $30M+ to Create Top Five Insurance Brokerage in Colombia (Business Wire)
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Lead investors include JP Conte's Lupine Crest Capital and Dennis ChookaszianBOGOTÁ, Colombia--(BUSINESS WIRE)--Chariot & Castle Seguros, a leading property and casualty insurance brokerage operating in Colombia as Grupo ilao, today announced it has completed the acquisitions of 21 insurance brokerages across seven cities over the past two years, creating one of the top five insurance brokerages in Colombia.
The company has raised over $30 million in debt and equity to date from a consortium of investors led by Jean-Pierre “JP” Conte's family office, Lupine Crest Capital, and Dennis Chookaszian. In addition to Chariot & Castle Seguros, Conte's firm, Genstar Capital, and Chookaszian have made multiple other investments in the space. Together, they have invested in Acrisure, Confie Seguros, Alera Group, and AMBA. Chookaszian was also involved in the development of USI and Alliant Insurance Services.
Conte, founder and CEO of Lupine Crest Capital and chairman and managing partner of Genstar Capital, ...
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14.05.25 - 13:18
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The Cybertruck was supposed to be apocalypse-proof. Can it even survive a trip to the grocery store? (The Guardian)
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Thanks to poor engineering and Elon Musk, Tesla's road rage-inducing street tank can't even win over its core demographic: doomsday preppersThe Cybertruck answers a question no one in the auto industry even thought to ask: what if there was a truck that a Chechen warlord couldn't possibly pass up – a bulletproof, bioweapons-resistant, road rage-inducing street tank that's illegal to drive in most of the world?Few had seen anything quite like the Cybertruck when it was unveiled in 2019. Wrapped in an “ultra-hard, 30X, cold-rolled stainless steel exoskeleton”, the Cybertruck was touted as the ultimate doomsday chariot – a virtually indestructible, obtuse-angled, electrically powered behemoth that can repel handgun fire and outrun a Porsche while towing a Porsche, with enough juice leftover to power your house in the event of a blackout. At the launch, Tesla CEO Elon Musk said the truck could tackle any terrain on Earth and possibly also on Mars – and all for the low, low base price of $40,000....
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