M&A

Akur8 acquires Matrisk to launch Discover pricing intelligence

Akur8 acquires Matrisk to launch Discover pricing intelligence

Akur8, a next-generation InsurTech provider focused on insurance pricing and reserving, built on transparent machine learning, has announced the acquisition of Matrisk, an AI-driven...
Howden, a global insurance broking group, has agreed to acquire Atlantic Global Risk LLC, an independent transaction liability insurance broker focused on complex M&A and private equity risks in North America.

Howden buys Atlantic Global Risk to expand US transaction liability reach

Howden, a global insurance broking group, has agreed to acquire Atlantic Global Risk LLC, an independent transaction liability insurance broker focused on complex M&A...
Lumera acquires Acuity to strengthen UK life and pensions reach

Lumera acquires Acuity to strengthen UK life and pensions reach

Lumera, a European InsurTech company, has agreed to acquire Acuity, a UK-based consultancy specialising in complex pensions and workforce reform for public sector schemes,...
WTW, the global advisory, broking and solutions firm, has signed a definitive agreement to acquire Newfront, a San Francisco-based broker, in a deal valued at $1.3bn.

WTW to acquire San Fransisco broker Newfront in $1.3bn deal

WTW, the global advisory, broking and solutions firm, has signed a definitive agreement to acquire Newfront, a San Francisco-based broker, in a deal valued...
bolttech, the global InsurTech, has acquired Kenya-based digital insurance platform mTek as part of a move to accelerate its strategic expansion in East Africa and deepen its embedded insurance capabilities worldwide.

Kenyan digital insurance platform mTek acquired by bolttech

bolttech, the global InsurTech, has acquired Kenya-based digital insurance platform mTek as part of a move to accelerate its strategic expansion in East Africa...
Manchester-based digital managing general agent (MGA) Ripe has entered the holiday homes insurance market with its acquisition of specialist insurer Schofields Limited.

Ripe expands into holiday homes insurance with Schofields acquisition

Manchester-based digital managing general agent (MGA) Ripe has entered the holiday homes insurance market with its acquisition of specialist insurer Schofields Limited. The move, Ripe’s...
Global insurance and investment group Starr has agreed to acquire IQUW Group, in a deal that will make Starr’s managing agency the ninth-largest operating at Lloyd’s of London.

Starr to acquire IQUW Group in landmark Lloyd’s Deal

Global insurance and investment group Starr has agreed to acquire IQUW Group, in a deal that will make Starr’s managing agency the ninth-largest operating...
Guidewire, a leading platform provider for the property and casualty (P&C) insurance industry, has signed a definitive agreement to acquire ProNavigator, an AI-powered knowledge management platform designed for the insurance sector.

Guidewire expands with ProNavigator acquisition

Guidewire, a leading platform provider for the property and casualty (P&C) insurance industry, has signed a definitive agreement to acquire ProNavigator, an AI-powered knowledge...
Abacus Global Management, a financial services company specialising in alternative asset management and data-driven wealth solutions, has acquired AccuQuote, a leading online life insurance brokerage company.

Abacus buys AccuQuote to enhance digital insurance offering

Abacus Global Management, a financial services company specialising in alternative asset management and data-driven wealth solutions, has acquired AccuQuote, a leading online life insurance...
Ambac Financial Group, a New York-based insurance holding company, has announced a definitive agreement to acquire ArmadaCare from SiriusPoint, in a deal valued at $250m.

Ambac to acquire ArmadaCare from SiriusPoint in $250m deal

Ambac Financial Group, a New York-based insurance holding company, has announced a definitive agreement to acquire ArmadaCare from SiriusPoint, in a deal valued at...

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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