Itochu doubles down on non-life insurance with investment in Aioi-owned US insurtech Moter

• Itochu Corporation increased its stake in US insurtech Moter Technologies • Itochu is now Moter Technologies' second-largest shareholder • Full details remain behind InsuranceAsia News' subscriber paywall Japanese trading house Itochu Corporation has deepened its bet on non-life insurance, increasing its stake in US insurtech Moter Technologies and becoming its second-largest shareholder, according to InsuranceAsia News. Further details on the transaction are available only to subscribers of the platform.