M&A

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...
Manchester-based InsurTech Veridox has raised in a funding round led by Outward VC, with Solly Solomou, founder and CEO of social media giant LADbible, joining through his Solo Investments Holdings vehicle.

Radian enters Lloyd’s market with $1.7bn Inigo acquisition

Radian Group Inc., the US-listed mortgage insurance provider, has agreed to acquire London-based Inigo Limited, a specialty insurer operating within the Lloyd’s market, in...
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.

News Stories

Seltzer bets on Pennsylvania insurance growth with Trego

Seltzer bets on Pennsylvania insurance growth with Trego

Seltzer Group Partners, a Pennsylvania-based insurance provider, has acquired Trego Insurance Agency, bringing the Berks County agency's commercial and personal lines business into its...
Thoma Bravo's $4bn bet signals InsurTech consolidation

Thoma Bravo’s $4bn bet signals InsurTech consolidation

Accelerant, an InsurTech platform operating a data-driven risk exchange for the specialty insurance market, is set to be acquired by Thoma Bravo in an...
Applied Systems automates broker email quoting

Applied Systems automates broker email quoting

Applied Systems, an insurance software provider connecting agencies, brokers and carriers across the global risk value chain, has launched a new agentic email-to-quote submission...
Kita deepens Tokio Marine tie-up on carbon credit risk

Kita deepens Tokio Marine tie-up on carbon credit risk

Kita, a specialist provider of political risk insurance for carbon credit transactions and a Lloyd's Coverholder based in London, has secured a strategic investment...
Why InsurTech is reshaping commercial risk pricing

Why InsurTech is reshaping commercial risk pricing

Commercial insurers are facing a combination of geopolitical, economic and technological pressures that are challenging underwriting models built around relatively stable risk patterns and...
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