M&A

Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its position in the European cycling insurance market.

Laka strengthens dealer network with VeloLife deal

Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its...

Aventum buys Post & Co to strengthen European presence

Aventum Group has acquired Post & Co to establish a foothold in continental Europe and deepen its marine insurance capabilities. The deal gives Aventum immediate...
Ghanaian InsurTech Bima is set to be acquired by Mobile-health Network Solutions (MNDR) in a deal supported by up to $119m in funding from Hector Capital.

Bima set for MNDR takeover in $119m deal

Ghanaian InsurTech Bima is set to be acquired by Mobile-health Network Solutions (MNDR) in a deal supported by up to $119m in funding from...
Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company.

Beazley investors back £8.1bn Zurich takeover deal

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company. The deal was backed by 99.9% of votes...
SoundHound AI, a conversational AI technology firm, has agreed to acquire enterprise messaging platform LivePerson in a deal designed to create an end-to-end omnichannel conversational AI platform for global enterprises.

SoundHound buys LivePerson to build omnichannel AI platform

SoundHound AI, a conversational AI technology firm, has agreed to acquire enterprise messaging platform LivePerson in a deal designed to create an end-to-end omnichannel...
Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting capabilities.

Acrisure strengthens E&S underwriting with Vave acquisition

Acrisure has acquired technology-driven managing general agent Vave from Canopius Group, strengthening its position in the US insurance market and expanding its data-led underwriting...
Infosys has agreed to acquire Stratus, a technology solutions provider focused on the property and casualty insurance sector, to strengthen its insurance technology and AI capabilities.

Infosys moves to acquire Guidewire partner Stratus

Infosys has agreed to acquire Stratus, a technology solutions provider focused on the property and casualty insurance sector, to strengthen its insurance technology and...
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...
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Experian Health buys eInsights to boost insurance discovery

Experian Health, the healthcare arm of global data and technology business Experian, has acquired eInsights, a healthcare technology firm that helps providers locate patient...
Donegal expands ZestyAI deal to sharpen property risk

Donegal expands ZestyAI deal to sharpen property risk

Donegal Insurance Group, a US property and casualty insurer, has broadened its existing relationship with InsurTech firm ZestyAI by adopting the Z-PROPERTY solution to...
Slingshot Insurance emerges from stealth with $27m seed to power AI-native embedded insurance. Read the full story.

Slingshot Insurance lands $27m to power embedded cover

Slingshot Insurance, an AI-native insurer focused on the embedded economy, has launched publicly after operating in stealth, backed by a $27m seed round. Rally Ventures...
Earnix warns against delaying insurance pricing modernisation

The hidden costs of replacing insurance core systems

Insurers could delay the benefits of better pricing and underwriting by making them dependent on lengthy core system replacements, with Earnix advocating a more...
Earnix tackles fragmented AI adoption across insurance

Earnix tackles fragmented AI adoption across insurance

Insurers are investing heavily in artificial intelligence, but fragmented systems and disconnected teams risk preventing the technology from delivering its full value, according to...
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