M&A

K2 Insurance Services, a leading insurance solutions provider, has announced the acquisition of Oculus Underwriters, a specialist in bespoke property insurance solutions for the small to medium-sized commercial market.

K2 Insurance and Oculus partner to strengthen commercial offerings

K2 Insurance Services, a leading insurance solutions provider, has announced the acquisition of Oculus Underwriters, a specialist in bespoke property insurance solutions for the...
Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its position in the European cycling insurance market.

Laka strengthens dealer network with VeloLife deal

Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its...

Aventum buys Post & Co to strengthen European presence

Aventum Group has acquired Post & Co to establish a foothold in continental Europe and deepen its marine insurance capabilities. The deal gives Aventum immediate...
Ghanaian InsurTech Bima is set to be acquired by Mobile-health Network Solutions (MNDR) in a deal supported by up to $119m in funding from Hector Capital.

Bima set for MNDR takeover in $119m deal

Ghanaian InsurTech Bima is set to be acquired by Mobile-health Network Solutions (MNDR) in a deal supported by up to $119m in funding from...
Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company.

Beazley investors back £8.1bn Zurich takeover deal

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company. The deal was backed by 99.9% of votes...
SoundHound AI, a conversational AI technology firm, has agreed to acquire enterprise messaging platform LivePerson in a deal designed to create an end-to-end omnichannel conversational AI platform for global enterprises.

SoundHound buys LivePerson to build omnichannel AI platform

SoundHound AI, a conversational AI technology firm, has agreed to acquire enterprise messaging platform LivePerson in a deal designed to create an end-to-end omnichannel...
Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting capabilities.

Acrisure strengthens E&S underwriting with Vave acquisition

Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting...
Infosys has agreed to acquire Stratus, a technology solutions provider focused on the property and casualty insurance sector, to strengthen its insurance technology and AI capabilities.

Infosys moves to acquire Guidewire partner Stratus

Infosys has agreed to acquire Stratus, a technology solutions provider focused on the property and casualty insurance sector, to strengthen its insurance technology and...
Akur8, a global actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modelling provider for life insurers and pension firms, expanding its capabilities into the life and annuity market.

Akur8 acquires Slope Software to expand into life insurance

Akur8, a global actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modelling provider for life insurers and pension firms, expanding its capabilities...
Gen, a global embedded marketplace platform, has acquired Trellis, a technology-driven insurance shopping platform, to integrate its AI-powered capabilities into Engine by Gen.

Gen enhances embedded marketplace with Trellis acquisition

Gen, a global embedded marketplace platform, has acquired Trellis, a technology-driven insurance shopping platform, to integrate its AI-powered capabilities into Engine by Gen. The acquisition...
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News Stories

Pace raises $46m Series B to scale AI insurance agents

Pace raises $46m Series B to scale AI insurance agents

Pace, an AI operations partner for insurers, has closed a $46m Series B funding round co-led by Thrive Capital and Sequoia Capital, with additional...

OAK Global launches ROOT Intelligence InsurTech arm

OAK Global, a global risk partner underwriting through two Lloyd's syndicates, has unveiled ROOT Intelligence, a newly formed technology company designed to accelerate its...

Benefitbay raises $18m Series A to scale ICHRA platform

Benefitbay, a leading Individual Coverage Health Reimbursement Arrangement (ICHRA) platform serving brokerages, employers and employees across the US, has reportedly closed an $18m Series...
Alliant Transportation unveils ASCEND risk network

Alliant Transportation unveils ASCEND risk network

Alliant Insurance Services has announced the creation of ASCEND (Alliant Safety Coalition for Education, Networking and Development), a new industry body established by its Alliant...

Legacy Partners joins Inszone in southeast Michigan acquisition

Inszone Insurance Services, a Sacramento-based national insurance brokerage, has acquired Legacy Partners Insurance Services, expanding its footprint across southeast Michigan.
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