M&A

Accelerant, a data-driven risk exchange, has expanded its presence into the Canadian market by acquiring Omega Insurance Holdings, Inc. from Till Capital Ltd.

Accelerant expands international presence to Canada with latest acquisition

Accelerant, a data-driven risk exchange, has expanded its presence into the Canadian market by acquiring Omega Insurance Holdings, Inc. from Till Capital Ltd.
NMI, a leading full commerce enablement technology company, has acquired Sphere's Commercial Division, to strengthen their underwriting and risk management capabilities.

NMI acquires Sphere’s Commercial Division to strengthen underwriting capabilities

NMI, a leading full commerce enablement technology company, has acquired Sphere's Commercial Division, to strengthen their underwriting and risk management capabilities.
Slide Insurance has acquired renewal rights for 86,000 Florida homeowners insurance policies from Farmers Insurance.

Slide Insurance acquires 86,000 Florida homeowners policies from Farmers Insurance

Slide Insurance has acquired renewal rights for 86,000 Florida homeowners insurance policies from Farmers Insurance.
MarshBerry, a global M&A advisory firm for insurance brokers, has revealed that it has acquired IMAS Corporate Finance LLP (IMAS).

MarshBerry acquires IMAS Corporate Finance

MarshBerry, a global M&A advisory firm for insurance brokers, has revealed that it has acquired IMAS Corporate Finance LLP (IMAS).
Allianz, a prominent insurance provider, has recently announced its agreement to acquire Tua Assicurazioni from Assicurazioni Generali in a deal valued at €280m.

Allianz completes €280m acquisition of Tua Assicurazioni to bolster Italian market share

Allianz, a prominent insurance provider, has recently announced its agreement to acquire Tua Assicurazioni from Assicurazioni Generali in a deal valued at €280m.
Aon has announced its acquisition of Global Insurance Brokers, a leading provider of risk management, insurance, and reinsurance broking services in the Indian subcontinent.

Aon acquires Global Insurance Brokers to expand Indian market presence

Aon has announced its acquisition of Global Insurance Brokers, a leading provider of risk management, insurance, and reinsurance broking services in the Indian subcontinent.
iA Financial Corporation is set to acquire Vericity in a significant all-cash transaction valued at approximately $170m.

iA Financial expands U.S. presence with $170m Vericity acquisition

iA Financial Corporation is set to acquire Vericity in a significant all-cash transaction valued at approximately $170m.
Aviva has announced the acquisition of AIG Life Limited  from Corebridge Financial, Inc., a quoted subsidiary of AIG, for £460m.

Aviva acquires AIG’s UK protection business for £460m

Aviva has announced the acquisition of AIG Life Limited  from Corebridge Financial, Inc., a quoted subsidiary of AIG, for £460m.
Arthur J. Gallagher & Co has acquired Ace Commercial Insurance Center in a significant move  designed to bolster its position in the competitive transportation market.

Gallagher acquires Ace Commercial to strengthen transportation market presence

Arthur J. Gallagher & Co has acquired Ace Commercial Insurance Center in a significant move  designed to bolster its position in the competitive transportation market.
Independence Pet Group (IPG) announced plans to acquire Felix, advertised as the only pet insurance brand just for cats in the US.

Independence Pet Group to acquire Felix as demand for cat insurance rises

Independence Pet Group (IPG) announced plans to acquire Felix, advertised as the only pet insurance brand just for cats in the US.

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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