Verily is selling its stop-loss insurance subsidiary, Granular Insurance Company, to the insurance provider Elevance Health, the Alphabet health tech company confirmed to CNBC on Thursday. Verily is ...

Verily, the life sciences arm of technology giant Alphabet, has reached a deal to sell its insurance subsidiary to Elevance, the payer confirmed to Healthcare Dive on Friday. The subsidiary, called ...

Verily, Alphabet Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) health technology subsidiary, announced Thursday it will sell its stop-loss insurance business, Granular Insurance Company, to Elevance Health ...

That business, Granular, provides stop-loss coverage to employers, and is a subsidiary of Alphabet’s healthcare company, Verily, which itself more than doubled in revenue last year, according to the ...

Alphabet's Verily is selling its subsidiary, Granular Insurance Company, to Elevance Health. Verily launched Granular in 2020 with financial backing from the commercial insurance unit of the Swiss Re ...