M&A

Pro Global has acquired Australian audit and advisory firm GSI Professional Services as the specialist insurance services group looks to expand its presence across the Asia Pacific market.

Pro Global acquires Australian insurance advisory firm

Pro Global has acquired Australian audit and advisory firm GSI Professional Services as the specialist insurance services group looks to expand its presence across...
Ascend, a leading InsurTech, has agreed to merge with premium finance provider Honor Capital in a deal aimed at creating what the companies describe as the insurance industry’s first fully vertically integrated financial operations platform.

Ascend and Honor Capital merge for integrated insurance finance platform

Ascend, a leading InsurTech, has agreed to merge with premium finance provider Honor Capital in a deal aimed at creating what the companies describe...
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...

News Stories

Akur8 joins Verisk's strategic alliance partner network

Akur8 joins Verisk’s strategic alliance partner network

Akur8, a global actuarial AI platform serving more than 350 insurers across 40+ countries, has joined the Verisk Strategic Alliance (VSA) partner network and...
AI budget Percentage in Insurance

AI investment is accelerating with two-thirds of insurance CEOs allocating 10 – 20% of...

Key views of percentage of budget spent on AI in insurance companies: KPMG’s Insurance CEO Outlook surveyed 110 insurance CEOs across 11 markets, all leading...
bolttech

ING picks bolttech for European InsurTech push

ING, one of Europe's largest banks, has selected bolttech, a technology-enabled insurance platform, as its strategic partner to expand embedded insurance and protection solutions...

Producerflow launches partner portal for carriers

Producerflow, an insurance distribution management software company, has launched Partner Portal, a new self-service workspace aimed at transforming how insurance carriers work with their...

IntellectAI’s Magic Placement cuts quote workloads by 60%

Processing insurance quotes has long been one of the most time-consuming and error-prone tasks facing commercial brokers. IntellectAI is looking to change that with its...
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