M&A

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...

Zurich seals £8.1bn Beazley takeover

Zurich Insurance Group has reached a definitive agreement to acquire London-based specialty insurer Beazley in an £8.1bn all-cash transaction, creating a combined global specialty insurance leader with...
Global insurance brokerage Gallagher has completed the integration of specialist brokerage Woodruff Sawyer, bringing the San Francisco-based firm fully under the Gallagher brand following its previously announced $1.2bn acquisition.

Gallagher completes $1.2bn Woodruff Sawyer integration

Global insurance brokerage Gallagher has completed the integration of specialist brokerage Woodruff Sawyer, bringing the San Francisco-based firm fully under the Gallagher brand following...
Wrisk, an embedded insurance provider, has acquired Atto, a real-time financial intelligence platform specialising in open banking-driven credit insights, as the group looks to deepen its embedded finance and protection capabilities across enterprise customer journeys.

Wrisk acquires Atto to boost embedded finance intelligence

Wrisk, an embedded insurance provider, has acquired Atto, a real-time financial intelligence platform specialising in open banking-driven credit insights, as the group looks to...
Admiral Group, a UK-based motor and household insurer, has agreed to acquire Flock, a digital commercial fleet InsurTech specialising in telemetry-led risk assessment, in a transaction that values Flock’s equity at £80m and remains subject to regulatory approval.

Admiral Group strikes £80m deal for telemetry insurer Flock

Admiral Group, a UK-based motor and household insurer, has agreed to acquire Flock, a digital commercial fleet InsurTech specialising in telemetry-led risk assessment, in...
Global insurance and reinsurance broker WTW has completed its acquisition of San Francisco-based Newfront, a deal valued at $1.3bn, including upfront and contingent consideration.

WTW closes $1.3bn Newfront deal to expand US market presence

Global insurance and reinsurance broker WTW has completed its acquisition of San Francisco-based Newfront, a deal valued at $1.3bn, including upfront and contingent consideration. The...
Akur8, a next-generation insurance pricing and reserving solution, announced the acquisition of Matrisk, an AI-driven platform that transforms unstructured regulatory filings into actionable market insights, strengthening Akur8’s AI capabilities and pricing offering.

Akur8 expands insurance pricing with Matrisk acquisition

Akur8, a next-generation insurance pricing and reserving solution, announced the acquisition of Matrisk, an AI-driven platform that transforms unstructured regulatory filings into actionable market...
Defaqto, the UK’s leading provider of financial product ratings, has acquired Pearson Ham Group’s Market Pricing Business for £11m.

Defaqto boosts UK insurance data with £11m acquisition

Defaqto, the UK’s leading provider of financial product ratings, has acquired Pearson Ham Group’s Market Pricing Business for £11m. The move is set to significantly...
Helium Ventures, an AI-native holding company that acquires and stewards software businesses, has acquired InsurGrid, a leading InsurTech platform for insurance policy data collection and verification, used by over 2,500 property and casualty insurance agents nationwide.

InsurGrid joins Helium Ventures to transform P&C insurance

Helium Ventures, an AI-native holding company that acquires and stewards software businesses, has acquired InsurGrid, a leading InsurTech platform for insurance policy data collection...

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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