M&A

Marsh McLennan’s Guy Carpenter Secures Israeli Market with Re Solutions Purchase

Guy Carpenter, a global leader in risk and reinsurance solutions and a Marsh McLennan business, has announced the completion of its acquisition of Re Solutions, the foremost independent reinsurance broker in Israel. Details of the transaction were not disclosed.

Insurance Quantified seals deal with Groundspeed Analytics, forging P&C underwriting tech powerhouse

Insurance Quantified, a leading commercial property and casualty (P&C) underwriting technology provider, has announced its acquisition of Groundspeed Analytics, renowned for being the market frontrunner in ingestion and data solutions within the commercial P&C industry.

Insurance giant Generali bolsters presence in Europe with $2.5bn Liberty Seguros acquisition

Liberty Mutual Insurance, a global provider of various insurance products and services, has confirmed a definitive agreement to sell its Madrid-headquartered personal lines and small commercial insurance business, Liberty Seguros, S.A., to Generali Group.
utah

ALKEME expands Utah footprint with Lincoln Insurance Group acquisition

ALKEME, a top 50 insurance brokerage in the US, recently announced its acquisition of the Lincoln Insurance Group. Based in Utah, Lincoln Insurance Group is a full-service insurance agency that was established in 2006.
verisk-morning-data

Verisk’s acquisition of Morning Data: Upgrading the global insurance industry

Verisk, a forerunner in data analytics and technology, has joined forces with Morning Data, a leading supplier of cutting-edge software to brokers and managing general agents (MGAs) worldwide, with a strong presence in London.
guy-carpenter-to-acquire-israels-top-reinsurance-broker-re-solutions

Global risk specialist Guy Carpenter acquires Israel’s top reinsurance broker, Re Solutions

Guy Carpenter, a leading global risk and reinsurance specialist and a Marsh McLennan business, announced its acquisition of Re Solutions, the foremost independent reinsurance broker in Israel.
latin-american-insurance-sector

Talanx secures top spot in Latin American insurance sector through Liberty Mutual acquisition

Talanx Group, a significant European insurance entity, has cemented its position as one of the leading insurers in Latin America through the purchase of Liberty Mutual Insurance.
renaissance-re-validus-acquires-$4.5bn-deal

RenaissanceRe acquires Validus Re from AIG in a lucrative $4.5bn deal

American International Group (AIG), a global insurance behemoth headquartered in the US, has announced its decision to divest Validus Re to RenaissanceRe Holdings Ltd.
JAB-acquires-pumpkin-pet-insurance

JAB acquires majority stake in Pumpkin Insurance, expanding its pet insurance leadership

JAB Holding Company, a major investor in consumer-focused industries, has acquired a majority stake in Pumpkin Insurance Services Inc., a top-tier preventive care and pet insurance provider.
Goosehead-insurance-acquires-vivint-for-$5.5m

Goosehead Insurance acquires Vivint for $5.5m

Goosehead Insurance, an independent personal lines insurance agency, has acquired Vivint Smart Home’s insurance book which includes more than 15,000 policies for $5.5m in cash.

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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