After jumping through exhaustive internal due diligence hoops, it will whittle that list to around 10-12 investments. Tobat does not have the field entirely to itself when it comes to such a fund. Other companies also are pouring cash into modernizing the delivery of financial services. Packer also said that Tobat would execute its business philosophy in a way that won't be a threat to independent agents. Indeed, its aim is to help insurance companies, which in turn will help agents by allowing them to offer a more competitive product.
Investors gain, insurance companies gain, insurance agents gain, and their clients gain.