M&A

Applied Systems acquires Cytora to expand AI in insurance

Applied Systems acquires Cytora to expand AI in insurance

Applied Systems has acquired Cytora, a digital risk processing platform for the insurance sector, in a move aimed at strengthening its artificial intelligence (AI) capabilities.
Skyward Specialty Insurance Group, a US-based specialty insurer recognised for its innovative underwriting and workplace culture, has agreed to acquire Apollo Group Holdings Limited, a London-based specialist underwriting platform at Lloyd’s of London, in a deal valued at $555m.

Skyward Specialty acquires Apollo for $555m to boost Lloyd’s reach

Skyward Specialty Insurance Group, a US-based specialty insurer recognised for its innovative underwriting and workplace culture, has agreed to acquire Apollo Group Holdings Limited,...
Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction.

Sompo to acquire Aspen Insurance for $3.5bn

Sompo Holdings, a major Japanese insurance group, will acquire Aspen Insurance Holdings Limited, a leading global specialty insurer and reinsurer, in a $3.5bn transaction. The...

CarTrawler acquires Koala to expand travel insurance offering

CarTrawler, a leading B2B technology platform for car rental and mobility solutions to the global travel industry, has acquired Koala, a Paris-based B2B InsurTech...
Advent, a global private equity investor, has agreed to acquire Sapiens, a leading provider of intelligent SaaS-based software solutions for the insurance industry, in an all-cash deal valued at approximately $2.5bn.

Sapiens to be taken private in $2.5bn Advent deal

Advent, a global private equity investor, has agreed to acquire Sapiens, a leading provider of intelligent SaaS-based software solutions for the insurance industry, in...
NFP

NFP acquires Bspoke to expand specialist insurance services

NFP, an Aon company and international insurance brokerage and consulting firm, has announced the acquisition of Bspoke Insurance Group, a leading platform of multi-class...
Datos Insights, a global data and advisory firm for financial services and insurance, has announced the acquisition of InsTech, a London-based insurance innovation community and advisory platform.

Datos snaps up InsTech to grow London Market presence

Datos Insights, a global data and advisory firm for financial services and insurance, has announced the acquisition of InsTech, a London-based insurance innovation community and advisory platform.
COVU, an AI-native insurance servicing platform focused on scalable and tech-powered growth, has acquired Mitchell Insurance Agency, a respected family-run business based in Roseville, California.

COVU expands AI platform with Mitchell Insurance acquisition

COVU, an AI-native insurance servicing platform focused on scalable and tech-powered growth, has acquired Mitchell Insurance Agency, a respected family-run business based in Roseville, California.
Verisk, a global data analytics and technology provider, has agreed to acquire SuranceBay, a leading InsurTech firm specialising in licensing and compliance solutions for the life and annuity sector, for $162.5m in cash.

Verisk expands life solutions with $162.5m SuranceBay deal

Verisk, a global data analytics and technology provider, has agreed to acquire SuranceBay, a leading InsurTech firm specialising in licensing and compliance solutions for the life and annuity sector, for $162.5m in cash.
Zhibao Technology, an InsurTech firm offering digital insurance brokerage services in China, has acquired a majority stake in Zhonglian Jinan Insurance Brokers, a licensed insurance brokerage with an expansive national footprint.

Zhibao acquires Zhonglian Jinan to double branch network

Zhibao Technology, an InsurTech firm offering digital insurance brokerage services in China, has acquired a majority stake in Zhonglian Jinan Insurance Brokers, a licensed insurance brokerage with an expansive national footprint.
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Leak detection systems have long been used to protect critical infrastructure such as data centres, plant rooms, and commercial buildings. Technologies such as leak detection cables are widely deployed to identify water ingress that could cause operational disruption or costly damage.

The role of adaptive monitoring in modern leak detection systems

Leak detection systems have long been used to protect critical infrastructure such as data centres, plant rooms, and commercial buildings. Technologies such as leak...
The insurance industry is entering a period of transformation as insurers rethink their role in supporting customers’ health and wellbeing. Advances in digital health technology, changing consumer expectations, and growing policy focus on prevention are all contributing to this shift.

The trends shaping the future of health and life insurance

The insurance industry is entering a period of transformation as insurers rethink their role in supporting customers’ health and wellbeing. Advances in digital health...
COVU has launched COVU OS, a new AI-native operating layer designed to transform how insurance agencies manage service requests and operational workflows.

COVU introduces AI operating system for insurance agencies

COVU has launched COVU OS, a new AI-native operating layer designed to transform how insurance agencies manage service requests and operational workflows. The platform forms...
Hippo Holdings has rolled out a scalable AI-driven claims workflow, marking a major step in its transformation toward a more efficient and digitally enabled claims operation.

Hippo launches AI-powered claims platform with digital FNOL

Hippo Holdings has rolled out a scalable AI-driven claims workflow, marking a major step in its transformation toward a more efficient and digitally enabled...
Cytora has partnered with VulnCheck, alongside European partner Infinite Insight, to integrate real-time vulnerability intelligence into insurance underwriting workflows.

Cytora adds vulnerability intelligence to underwriting workflows

Cytora has partnered with VulnCheck, alongside European partner Infinite Insight, to integrate real-time vulnerability intelligence into insurance underwriting workflows. The collaboration brings VulnCheck’s machine-readable exploit...
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