M&A

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.
Zurich Insurance Group, a global multi-line insurer headquartered in Switzerland, has announced it will acquire BOXX Insurance Inc., a Toronto-based global cyber InsurTech known for its integrated cyber insurance and protection solutions.

Zurich acquires BOXX Insurance to expand cyber protection

Zurich Insurance Group, a global multi-line insurer headquartered in Switzerland, has announced it will acquire BOXX Insurance Inc., a Toronto-based global cyber InsurTech known for its integrated cyber insurance and protection solutions.
Atec has acquired Moorhouse Group in a strategic push to expand its presence in the SME insurance market.

Atec acquires Moorhouse Group to expand SME insurance reach

Atec has acquired Moorhouse Group in a strategic push to expand its presence in the SME insurance market.
Broadstone, a leading UK financial services consultancy, has acquired ExactVAL, a specialist provider of actuarial valuation and cashflow analysis services, to strengthen its position in the bulk purchase annuity market.

Broadstone snaps up ExactVAL to enhance life insurer analytics

Broadstone, a leading UK financial services consultancy, has acquired ExactVAL, a specialist provider of actuarial valuation and cashflow analysis services, to strengthen its position in the bulk purchase annuity market.
King Risk Partners, a national insurance firm focused on strategic expansion, has acquired Fidens Insurance Brokers, an independent insurance agency based in Red Bank, New Jersey.

King Risk Partners acquires Fidens Insurance Brokers to bolster Northeastern US presence

King Risk Partners, a national insurance firm focused on strategic expansion, has acquired Fidens Insurance Brokers, an independent insurance agency based in Red Bank, New Jersey.
KatRisk, a leading provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired Gamma in a move to expand its risk analytics capabilities and strengthen its global presence.

KatRisk acquires Gamma to enhance property-level risk analytics and catastrophe modelling

KatRisk, a leading provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired Gamma in a move to expand its risk analytics capabilities and strengthen its global presence.
MIB Group, a leading provider of data-driven solutions for the life insurance industry, has acquired Clareto, a medical record retrieval company, from Munich Re Life US.

MIB Group acquires Clareto from Munich Re to enhance electronic health record integration in...

MIB Group, a leading provider of data-driven solutions for the life insurance industry, has acquired Clareto, a medical record retrieval company, from Munich Re...
Earnix, a leading dynamic AI platform for insurance, has entered into a definitive agreement to acquire Zelros in a bid to enable pricing and underwriting professionals to deliver more accurate offers and improve customer engagement.

Earnix expands AI capabilities with Zelros acquisition to transform insurance pricing and underwriting

Earnix, a leading dynamic AI platform for insurance, has entered into a definitive agreement to acquire Zelros in a bid to enable pricing and...
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Kidbrooke: fixing the personalisation gap in WTP comms

The Dutch pension sector has a communication problem and it is hiding in plain sight inside a document that looks entirely correct, according to WealthTech company Kidbrooke.
Global law firm Norton Rose Fulbright has launched the ninth edition of its Insurathon competition, offering InsurTech startups and scale-ups the chance to secure £50k in combined legal support and potential investment.

InsurTech startups to compete for £50k Insurathon prize

Global law firm Norton Rose Fulbright has launched the ninth edition of its Insurathon competition, offering InsurTech startups and scale-ups the chance to secure...
Insurance analytics has become more powerful, more automated, and more widespread, yet insurers are still struggling with a familiar problem. They are surrounded by data, alerts, and model outputs, but often unclear on what actually requires action.

What insurance analytics misses when monitoring data drift at scale

Insurance analytics has become more powerful, more automated, and more widespread, yet insurers are still struggling with a familiar problem. They are surrounded by...
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...
SUPERAGENT AI, a provider of AI-driven solutions for insurance agencies, has launched a new platform designed to function as a unified autonomous workforce, streamlining communication, quoting and customer engagement.

Superagent AI launches autonomous platform for agencies

SUPERAGENT AI, a provider of AI-driven solutions for insurance agencies, has launched a new platform designed to function as a unified autonomous workforce, streamlining...
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