M&A

Majesco expands P&C solutions with strategic acquisition of DRC Business

Majesco expands P&C solutions with strategic acquisition of DRC Business

Majesco, a global provider of cloud insurance software solutions, has recently announced its acquisition of the Decision Research Corporation (DRC) business.
Cadence Bank completes $904m sale of insurance arm to Arthur J. Gallagher

Cadence Bank completes $904m sale of insurance arm to Arthur J. Gallagher

Cadence Bank has successfully concluded the sale of its insurance operations to Arthur J. Gallagher & Co. for an impressive $904m in cash.
Talanx's Retail International division has successfully finalised the acquisition of of the business of Liberty Seguros with retail customers and small to mid-sized enterprises in Brazil.

Talanx successfully completes acquisition of Liberty Seguros in Brazil

Talanx's Retail International division has successfully finalised the acquisition of of the business of Liberty Seguros with retail customers and small to mid-sized enterprises in Brazil.
Corvus

Travelers to enhance cyber insurance capabilities with $435m Corvus acquisition

Travelers, a leading insurance provider has entered into a definitive agreement to acquire cyber InsurTech firm Corvus for $435m.
Arthur J. Gallagher & Co. has officially entered into a definitive agreement to acquire Cadence Insurance, Inc., in a bid to enhance their presence in the southeastern and Texan markets.

Arthur J. Gallagher to acquire Cadence Insurance to bolster Texas market presence

Arthur J. Gallagher & Co. has officially entered into a definitive agreement to acquire Cadence Insurance, Inc., in a bid to enhance their presence in the southeastern and Texan markets.
bolttech expands global reach with acquisition of Digital Care

bolttech expands global reach with acquisition of Digital Care

bolttech, a rapidly expanding international InsurTech, has announced the acquisition of Digital Care, a leading embedded protection provider hailing from Poland.
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).
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News Stories

Sun Life US, a leading provider of insurance and employee benefits, has launched an enhanced claims integration system.

Sun Life US launches seamless claims integration for multiple health benefits

Sun Life US, a leading provider of insurance and employee benefits, has launched an enhanced claims integration system.
Ryan Specialty, a leading international specialty insurance firm, has announced that London-based underwriter Tom Daniels has joined LifeScienceRisk as managing director of LifeScienceRisk International.

Ryan Specialty appoints Tom Daniels as managing director of LifeScienceRisk International

Ryan Specialty, a leading international specialty insurance firm, has announced that London-based underwriter Tom Daniels has joined LifeScienceRisk as managing director of LifeScienceRisk International.
Akur8, the machine learning-powered insurance pricing and reserving platform, has announced the closure of a $120m Series C funding round.

Akur8 lands $120m in Series C to enhance its next-gen actuarial platform

Akur8, the machine learning-powered insurance pricing and reserving platform, has announced the closure of a $120m Series C funding round.
Health insurance plays a critical role in safeguarding individuals and families from the financial burdens of medical expenses, offering essential coverage and peace of mind during times of illness or injury. Traditionally, the industry relied on complex and rigid models, often burdened by lengthy paperwork, slow claims processing, and fragmented communication. However, the health insurance market is projected to reach a remarkable $2.38tn in gross written premiums by 2024, according to Statista. This comes amidst a significant shift towards digital platforms and telemedicine services.

The changing face of health insurance

Health insurance plays a critical role in safeguarding individuals and families from the financial burdens of medical expenses, offering essential coverage and peace of mind during times of illness or injury. Traditionally, the industry relied on complex and rigid models, often burdened by lengthy paperwork, slow claims processing, and fragmented communication. However, the health insurance market is projected to reach a remarkable $2.38tn in gross written premiums by 2024, according to Statista. This comes amidst a significant shift towards digital platforms and telemedicine services.
Ledgebrook's innovative push in InsurTech garners $17m Series B funding

Ledgebrook’s innovative push in InsurTech garners $17m Series B funding

Ledgebrook, the rapidly growing InsurTech firm, has successfully closed a $17m Series B funding round.
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